TORONTO, Dec. 18 /CNW/ - Callisto Capital today announced that two of its funds, Callisto Capital III LP and Callisto Capital (US) III LP (together, the "Funds"), entered into an agreement to acquire ownership and control of 1,872,100 common shares (the "Shares") of AlarmForce Industries Inc. (the "Company") in a private acquisition, at a price of $6.00 per Share. The Shares represent approximately 15.3% of the outstanding common shares. The Funds are purchasing the securities for investment purposes and may or may not purchase or sell securities of the Company in the future on the open market or in private transactions, depending on market conditions and other factors.
This news release is being issued under the early warning provisions of Canadian provincial securities legislation.
About Callisto Capital
Callisto Capital is a private equity firm with a focus on working with management teams to build profitable and sustainable industry-leading businesses.
SOURCE CALLISTO CAPITAL
For further information: For further information: or to obtain a copy of the early warning report, please contact: Blake Sumler, (416) 868-4934, Callisto Capital LP, Canada Trust Tower, Brookfield Place, 161 Bay Street, Suite 4540, P.O. Box 709, Toronto, Ontario, M5J 2S1