VANCOUVER, June 20, 2013 /CNW/ - Great Pacific Capital Corp. ("GPCC"), announced today that it has acquired an additional 1,088,100 Common shares of Westshore Terminals Investment Corporation ("Westshore"), representing approximately 1.47% of the outstanding shares, through purchases on recognized Canadian Stock Exchanges. This brings the total holdings of GPCC to 1,675,100 Common shares of Westshore, representing approximately 2.26% of the outstanding shares. GPCC together with Great Pacific Financial Services Ltd., 0774327 B.C. Ltd. and 327 Holdings General Partnership, all owned directly or indirectly by Jim Pattison, own in the aggregate 12,863,523 Common shares of Westshore, representing approximately 17.33% of the outstanding shares.
The shares of Westshore have been purchased and are presently being held for investment purposes. In the future, Jim Pattison through one or more of his companies may acquire additional shares of Westshore or dispose of such shares subject to a number of factors, including general market and economic conditions and other investment and business opportunities available to it.
SOURCE: Great Pacific Capital Corp.
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