CALGARY, March 6, 2014 /CNW/ - Target Capital Inc. (TSX-V: TCI) is
announcing its intention to sell up to 18,000 common shares of Olympia
Financial Group Inc. (TSX: OLY) at a price equal to the closing price
for such shares on the day prior to the sale. The Olympia shares are
expected to be sold to Rick Skauge on or before March 31, 2014.
Rick Skauge is the CEO and Chairman of Target and the transaction is
considered a related party transaction which has been approved
unanimously by Target's independent directors. Rick Skauge is also the
President and CEO of Olympia, and Target is a related party of Olympia
through common management.
The completion of this transaction is subject to TSX Venture Exchange
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Target Capital Inc.
For further information:
Contact Ryan Hoult, CFO, at 403.261.7500, e-mail firstname.lastname@example.org.