TORONTO, July 19 /CNW/ - Macquarie Group Limited ("Macquarie") announces that it has beneficial ownership of 21,621,622 common shares of Terrex Energy Inc. ("Terrex"), acquired at CAD 0.185, representing, to Macquarie's knowledge, approximately 26.96% of the issued and outstanding shares of Terrex, on a partially-diluted basis.
Macquarie has acquired the shares for investment purposes only. Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of Terrex through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.
SOURCE MACQUARIE GROUP
For further information: For further information: Stephen Yan at 212.231.1310