Geosam Capital Inc. announced that it has made an additional investment in Cinram and now owns 11.7% of outstanding units of the company.
For more information visit: www.cinram.com
Unedited press release follows:
Geosam Capital Inc. announces investment in Cinram International Income Fund
TORONTO, Oct. 28, 2011 – On October 28, 2011, Geosam Capital Inc. (“Geosam”) acquired 5,854,000 units of Cinram International Income Fund (“Cinram”) at a price of $0.03 per unit, representing 9.0% of the outstanding units of Cinram. Immediately after the transaction, Geosam owns 7,632,800 units representing 11.7% of the outstanding units.
Geosam purchased the units through the facilities of the Toronto Stock Exchange for investment purposes. Geosam may acquire additional securities of Cinram, dispose of some or all of the existing or additional securities of Cinram, or continue to hold securities of Cinram in the normal course of Geosam’s investment activities.