Fairfax Announces Acquisition of Additional Imvescor Shares
01 Noviembre 2012 - 3:02PM
Marketwired
(Note: All dollar amounts in this press release are expressed in
Canadian dollars.)
Fairfax Financial Holdings Limited ("Fairfax")
(TSX:FFH)(TSX:FFH.U) announced today that it has acquired directly
or through its subsidiaries 1,698,200 common shares of Imvescor
Restaurant Group Inc. (TSX:IRG) ("Imvescor") at a price of $0.85
per share, bringing its total holdings in Imvescor to 9,897,509
shares or approximately 23.6% of the total common shares
outstanding (26,231,509 shares or approximately 45.0% of the total
common shares outstanding assuming full exercise of the common
share purchase warrants of Imvescor held by Fairfax and no other
warrants are exercised). The shares were purchased by private
agreement for investment purposes pursuant to the private agreement
exemption of applicable securities laws. Fairfax continually
reviews its investment alternatives and may purchase additional
securities of Imvescor from time to time in accordance with
applicable laws.
An early warning report will be filed by Fairfax in accordance
with applicable securities laws and will be available on SEDAR at
www.sedar.com or directly from Fairfax.
Fairfax is a financial services holding company which, through
its subsidiaries, is engaged in property and casualty insurance and
reinsurance and investment management.
Fairfax's registered and head office is located at 95 Wellington
Street West, Suite 800, Toronto, Ontario M5J 2N7.
Contacts: Fairfax Financial Holdings Limited John Varnell Vice
President, Corporate Development (416) 367-4941 Media Contact
Fairfax Financial Holdings Limited Paul Rivett Vice President,
Operations (416) 367-4941
Fairfax Financial (TSX:FFH.U)
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