GREY:AIIFF - Post by User
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Thethruthhurtson Jul 29, 2014 5:53pm
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Post# 22791872
Read these posts -- remember today's market cap is 19m cdn
Read these posts -- remember today's market cap is 19m cdn June 8, 2009
GUELPH, ONTARIO, June 8, 2009 - Armtec Infrastructure Income Fund (the "Fund") (TSX: ARF.UN) today announced that it has signed an agreement to acquire the shares of Pre-Con Inc. ("Pre-Con") for a purchase price of approximately $48.4 million subject to certain post-closing adjustments. The transaction is expected to close in June 2009 subject to the satisfaction of customary closing conditions. The transaction will be funded by an increase in the Fund's committed Credit Facilities.
June 25, 2008
GUELPH, ONTARIO, June 25, 2008 - Armtec Infrastructure Income Fund (the "Fund") (TSX: ARF.UN) today announced that it has entered into an agreement with Clearford Industries Inc. ("Clearford") to acquire the assets of its Brooklin Concrete division ("Brooklin") and the shares of Boucher Pre-cast Concrete Ltd. ("Boucher"). The aggregate purchase price is approximately $65 million, subject to working capital adjustments. The Fund has also entered into an agreement with Scotia Capital Inc. and TD Securities Inc. for a bought deal private placement offering of Fund units for gross proceeds of approximately $37.5 million. As well, the Fund has entered into a non-binding letter of intent to purchase a Western Canadian based manufacturer of precast concrete products
April 28, 2009
GUELPH, ONTARIO, April 28, 2009 - Armtec Infrastructure Income Fund (the "Fund") (TSX: ARF.UN) today announced that it has signed an agreement to acquire the assets of Groupe Tremca Inc. ("Groupe Tremca") for approximately $45 million. The transaction is expected to close in early May 2009 subject to the satisfaction of customary closing conditions.