STE-MARIE DE BEAUCE, QC, Jan. 30 /CNW Telbec/ - (TSX:GBO) - GBO Inc. (the
Company) is announcing a change in the control of the Company's voting rights.
Further to an agreement entered into on January 30, 2009, the Solidarity
Fund (QFL) (the Fund) of Montreal, Quebec and 3264289 Canada Inc. (3264289) of
Montreal, Quebec reduced the number of voting rights of the Company previously
transferred by the Fund to 3264289 as well as the number of common shares in
the share capital of the Company covered by the option previously granted by
the Fund to 3264289 pursuant to the voting rights and stock option agreement
dated August 31, 2004.
Under the new agreement, 3264289's ownership or control of voting rights
of the Company has decreased from 51% to 45% and 3264289 may from now on
acquire a number of common shares held by the Fund which, when combined with
the common shares already held by 3264289 prior to the exercise of the option,
would allow it to hold 45% of the common shares of the Company. Consequently,
the Fund's ownership or control of voting rights of the Company has increased
from 38.16% to 44.16%.
For further information:
For further information: Danielle Beaudoin, CA, Chief Financial Officer,