NORTH CHARLESTON, SC, Nov. 16, 2012 /CNW/ - The Article 6 Marital Trust created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07 (the "Trust") announced today that it has purchased 100,000 common shares of Supremex Inc. ("Supremex") (TSX: SXP) through the facilities of the Toronto Stock Exchange at a price of Cdn$1.00 per share. Anita G. Zucker is the trustee of the Trust.
The 100,000 common shares purchased by the Trust represent approximately 0.34% of the issued and outstanding common shares of Supremex.
Prior to the transaction, the Trust owned approximately 9.78% of the issued and outstanding common shares of Supremex. As a result of the transaction, the Trust owns 2,950,600 common shares, or approximately 10.12% of the issued and outstanding common shares of Supremex.
The common shares of Supremex were acquired for investment purposes. The Trust may acquire additional shares Supremex, subject to price and availability.
SOURCE: The Article 6 Marital Trust
For further information:
4838 Jenkins Avenue
North Charleston, South Carolina