TORONTO, Jan. 4, 2012 /CNW/ - Dana Gilman announces that he has acquired, on the Toronto Stock Exchange, ownership and control over 94,000 preferred shares of NorRock Realty Finance Corporation [TSX: RF.PR.A.] ("NorRock"), representing approximately 6.4% of NorRock's currently outstanding preferred shares, at an average price of CAD$24.75 per share.
Prior to this acquisition, Mr. Gilman held 135,900 preferred shares of NorRock and, following the acquisition, the number of NorRock preferred shares held by Mr. Gilman will be 229,900 or approximately 15.7% of preferred shares outstanding.
This transaction was made for investment purposes and Mr. Gilman could increase or decrease his investments in NorRock, depending on market conditions or any other relevant factor.
This news release is issued pursuant to National Instrument 62-103 - The Early Warning System. A copy of the Early Warning Report will appear with NorRock's documents on the SEDAR website at www.sedar.com. A copy of the Early Warning Report may also be obtained by contacting Jacqueline Boddaert, NorRock's President at (416) 479-9510.
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