Construction/Building — February 4, 2013

Madison Venture Announces Acquisition of Shares of Madison Pacific Properties

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 4, 2013) - Madison Venture Corporation ("MVC" or the "Company") reported that it had acquired ownership and control of a total of 475,000 Class B Common Shares of Madison Pacific Properties Inc. ("MadPac") at a purchase price of $3.15 per share. The purchase was carried out by way of private transaction.

Following the transaction, MVC owns approximately 29.1% of the Class B Shares and 37.8% of the Class C Shares of MadPac. MVC acquired the shares for investment purposes. The shares were acquired pursuant to the private agreement exemption from one person for consideration that was not more than 115% the market price of the shares as determined pursuant to securities legislation.

For further information, or to obtain a copy of the acquisition report filed under securities legislation, please contact Bruce Aunger at (604) 708-3283.

Contact Information

Bruce Aunger
(604) 708-3283

Print

Latest Industry Press Releases

Updated 17:48 EDT, April 19, 2014  

MOST POPULAR STORIES
TODAY’S TOP CONSTRUCTION PROJECTS

These projects have been selected from 371 projects with a total value of $1,936,826,394 that Reed Construction Data Building Reports reported on Thursday.

GOVERNMENT OFFICE TOWER

$134,000,000 Toronto ON Prebid

CONDOMINIUM APARTMENT BLDGS, TOWNHOUSES, RETAIL

$128,250,000 North York ON Prebid

CONDOMINIUM APARTMENT BLDG, OFFICES, RETAIL

$100,000,000 Toronto ON Prebid

Daily Top 10