Clarke Inc. announces that it has acquired 894,500 units of Supremex Income Fund bringing its total holdings in Supremex to 7,410,800 units representing approximately 25.28% of the total outstanding units of Supremex.
The acquisition was made pursuant to an exemption from the takeover bid requirements under applicable securities laws.
The Supremex units held by Clarke and George Armoyan, the President and Chief Executive Officer of Clarke, together total 7,430,800 units, representing approximately 25.35% of the total outstanding units of Supremex.
The purchase of the Supremex units by Clarke was made through the facilities of the Toronto Stock Exchange for investment purposes. Clarke may, from time to time, acquire additional units of Supremex, dispose of some or all of the existing or additional units of Supremex, or continue to hold the units of Supremex in the normal course of Clarke's investment activities. -- www.cnxmarketlink.com
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