TORONTO, June 12 /CNW/ - Tera Capital Corporation (on behalf of various
accounts managed by Tera Capital) announced today that it recently acquired an
additional 2,370,162 common shares and currently exercises control or
direction over an aggregate of 5,191,090 common shares and 30,000 options to
purchase common shares of Qustream Corporation. (TSX Venture: QVC),
representing approximately 22.1 per cent of the outstanding common shares,
assuming exercise of all options.
Tera Capital may in the future take such actions in respect of the
holdings of common shares in its managed accounts as it deems appropriate in
light of the circumstances then existing, including the purchase of additional
common shares or other securities of Qustream Corporation. through open market
purchases or privately negotiated transactions, or the sale of all or a
portion of the holdings of common shares of Qustream Corporation in its
managed accounts in the open market or in privately negotiated transactions
with one or more purchasers.
Tera Capital is an investment management company based in Toronto
controlled by the Interim President and CEO of Qustream. The principal office
of Tera Capital is located at Suite 337, 366 Adelaide Street East, Toronto,
Ontario M5A 3X9.
For further information:
For further information: Howard Sutton, (416) 368-8372