3487911 Canada Inc. announces acquisition of Knight Therapeutics Inc. common shares
MONTREAL, Feb. 28, 2014 /CNW Telbec/ - 3487911 Canada Inc. (« the Corporation ») announced that pursuant to an agreement dated February 10, 2014, it has today acquired ownership of 6,291,700 common shares of Knight Therapeutics Inc. (« Knight ») which represents approximately 28.55% of the outstanding common shares of Knight for aggregate consideration of $3,397,518.
The Corporation owns 6,975,186 common shares of Knight which represents approximately 31.65% of the outstanding common shares of Knight. Jonathan Ross Goodman, the president, shareholder and sole director of the Corporation, owns an additional 252,500 common shares of Knight, representing an additional 1.14% of the outstanding common shares of Knight.
The common shares were acquired for investment purposes only. The Corporation may acquire additional common shares or otherwise trade in securities of Knight from time to time depending on market conditions and other considerations.
SOURCE 3487911 CANADA INC.For further information:
or to obtain a copy of the Early Warning Report filed by the Corporation, please contact Jonathan Ross Goodman at 514-669-5372.