MONTREAL, Dec. 14, 2012 /CNW/ - Le Fonds immobilier de solidarité FTQ II, s.e.c. ("FIS") advises that on this date, it sold 4 417 490 common shares that it held in the share capital of Capital BLF inc. (the "Issuer") to Société immobilière SYM inc., a corporation controlled by Mr. Mathieu Duguay (the "Transaction"). The common shares were sold for a price of $0.15 per share representing an aggregate cash consideration of $662,623.50.
Following the Transaction, FIS owns 6,140,509 common shares of the Issuer, representing approximately 20.56% of the Issuer's issued and outstanding common shares.
This Transaction was made for investment purposes and FIS may increase or decrease its investment in the share capital of the Issuer depending on market conditions or any other relevant factor.
A copy of the Early Warning Report disclosing the transaction is available on SEDAR at www.sedar.com.
SOURCE: Fonds immobilier de solidarité FTQ
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