RE:RE:RE:RE:Q3 resultsYup -- something was up ! 4 big buyers bought $3M worth of stock directly from EIL...at 17c, and they still bought more today.
Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) is pleased to announce that, subject to the approval of the TSX Venture Exchange (“TSX-V”), the Company has entered into agreements with 4 arm’s-length purchasers to sell an aggregate of 17,588,126 common shares (together the “Tornado Shares” and each a “Tornado Share”) in the capital of Tornado Global Hydrovacs Ltd. (TSXV:TGH) (“Tornado”) at a price of $0.17 per Share for aggregate gross proceeds of CDN$2.99 million