HALIFAX, March 8, 2019 /CNW/ - Hawthorne Capital Inc. of Halifax, Nova Scotia announced that it has sold 354,000 common shares of Crown Capital Partners Inc. representing approximately 3.7% of those outstanding. The shares were sold at a price of $9.75 per share through the Canadian Securities Exchange. The sale reduces Hawthorne's ownership from 14.2% to 10.5% of the outstanding Shares.
Subject to the regulatory limitations, Hawthorne may acquire, dispose of or continue to hold the shares in the normal course of its investment activities.
Hawthorne is a mid-market Merchant Bank based in Halifax, Nova Scotia specializing in acquiring and growing established small-medium sized enterprises primarily in Atlantic Canada.
Hawthorne is a wholly owned subsidiary of Thornridge Holdings Limited – a private holding company.
SOURCE Hawthorne Capital Inc.
For further information: C. Robert Gillis, Chairman and CEO, Hawthorne Capital Inc., 380 Bedford Highway, Halifax, Nova Scotia, B3M 2L4, Tel: 902-832-2129, e-mail: [email protected]