Titan Logix Corp V.TLA

Jerry Zucker Trust sells Circa Enterprises (CTO)

[Possibleidiot01]

The same trust holds a lot of shares in Titan Logixx, i believe?

https://stockhouse.com/news/press-releases/2023/03/08/circa-enters-into-amalgamation-agreement-with-sicame-and-agrees-to-sell-telecom


As of the date hereof, The Article 6 Marital Trust created under the First Amended and Restated Jerry Zucker Revocable Trust dated April 2, 2007, Cory Tamagi, Angela Hulshof, Darren Epp and Robert Johnston (together, the "Supporting Shareholders") collectively beneficially own, directly or indirectly, or exercise control or direction over, 4,693,280 Common Shares, which represent approximately 45.8% of the issued and outstanding Common Shares. Each of the Supporting Shareholders have, separately entered into lock-up agreements with Sicame Canada and SubCo under which they have agreed, among other things, to vote in favour of the Amalgamation, and to be restricted by non-solicitation and exclusivity provisions. Forms of the Lock-Up Agreements with the Supporting Shareholders, will bereviewable on the Company's profile on SEDAR at www.sedar.com.

[mrmoribund]

Yes, the same trust is by far the largest shareholder of TLA. And you'll see there's overlap on the boards of the two companies. I own shares in both. As I've said here before, they're good people. Very solid and conservative. Given what's happened in the market the last two days, well, the timing on the Circa sale is currently looking pretty good.

[Possibleidiot01]

I noticed you post on Supremex , another of their holdings, do you have any opinion on Canlan Sports (ICE) or Colabor (GCL) , other holdings of theirs?

[mrmoribund]

I do own Supremex also (another Article 6 Marital Trust holding) and it has been amazing as a management story. Who would have thought the big story of the year would be envelopes of all things? I've looked at the other ones and I've never been able to get sufficiently motivated with any of them. Colabor? Oy, food wholesaling. All I know about food wholesaling is that it is one tough

[Possibleidiot01]

I learned something ; didn't know about the coffee tie in. I actually can't believe people drink decaf coffee ( makes me sick ) but maybe their process is an improvement ? ( not rushing to find out). Cormark remarks has me watching Colabor but you're right brutal business. Supremex sure is a surprise.

[Stonksonlyup90]

Speaking of Supremex, activist investor that was in Supremex before it took off has been accumulating aggressively in Avante Logixx ($XX) lately!!