World Point Terminals Inc. - Acquisition of terminal assets in Weirton, W.V.
The closing of the purchase of the Weirton terminal assets completes the acquisition of the Weirton terminal facility. In June, 2009, Center Point acquired approximately 10.62 acres of land underlying the Weirton facility from ArcelorMittal Weirton, Inc., an unrelated party, for US$743,000, subject to the remaining term of a land lease to the Apex Oil subsidiary.
General
World Point Terminals Inc. ("World Point") and its subsidiaries (the "Company") own and operate 17.1 million barrels of liquid bulk storage and terminal facilities located in
On behalf of the Board: Bernard A. Roy President and CEO August 13, 2009 (514) 847-4519
For further information: For further information: Bernard A. Roy, President and CEO, (514) 847-4519
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