TORONTO, Oct. 4, 2013 /CNW/ - Eastwood Capital Corp. announced that it has acquired additional securities in NexJ Systems Inc. This press release is being disseminated as required by securities regulations.
In a transaction conducted on October 2, 2013 through the facilities of the Toronto Stock Exchange, Eastwood Capital acquired beneficial ownership and control of 437,800 common shares of NexJ Systems Inc. at a price of CAD$1.90 per share. The Shares represent approximately 2.05% of the outstanding common shares of the Company based upon currently available information. After giving effect to this acquisition, Eastwood Capital beneficially owns and controls 2,296,300 Common Shares, representing approximately 10.8% of the outstanding Common Shares.
Eastwood Capital acquired the Common Shares for investment purposes only and it may, in the future, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over Common Shares in the capital of NexJ Systems.
SOURCE: Eastwood Capital Corp.
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To obtain a copy of the corresponding report required by securities legislation, please contact Ivy Ho at (416) 681-3250.