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BRIEF-Ballantyne Strong acquires common shares of Itasca Capital

Published 2016-09-09, 04:03 p/m
© Reuters.  BRIEF-Ballantyne Strong acquires common shares of Itasca Capital
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Sept 9 (Reuters) - Ballantyne Strong Inc BTN.A

* Acquires common shares of Itasca Capital Ltd.

* Beneficially owns and exercises control over an aggregate of 7 million shares, of 21.8 million issued and outstanding common shares of Itasca

* Acquired indirect ownership of an aggregate of 465,500 common shares of Itasca Capital through open market purchases on TSX-V market

* Co paid average of cad $0.675 per share for recently acquired shares for total consideration of cad $314,129 Source text for Eikon: ID:nBwb68wkPa Further company coverage: BTN.A

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