MONTREAL, QUEBEC--(Marketwired - March 17, 2015) - Boeckh Investments Inc. ("BII") announced today that it has acquired, through the facilities of the Toronto Stock Exchange ("TSX"), 220,100 common shares (the "Common Shares") of International Road Dynamics Inc. ("IRD") at a price of $1.03 per Common Share.
Prior to that acquisition, BII and joint actors owned or had control or direction over a total of 1,400,000 Common Shares, which represented 9.89% of the issued and outstanding Common Shares of IRD. As a result of this transaction, BII and joint actors now hold 1,620,100 Common Shares, representing approximately 11.45% of the issued and outstanding Common Shares of IRD.
BII and joint actors purchased the Common Shares for investment purposes. BII and joint actors may, depending on market and other conditions and subject to applicable securities regulation, change the beneficial ownership of (or control or direction over) the Common Shares, whether in the open market, by privately negotiated agreements, or otherwise.
An early warning report in respect of the above noted transaction will be filed on SEDAR.
About Boeckh Investments Inc.
Boeckh Investments Inc. is a private investment holding company with a principal place of business in Montreal, Quebec.
Contact Information:
William Powell
Chief Financial Officer
(514) 904-0551