Sept 30 (Reuters) - Tuckamore Capital Management Inc TX.TO :
* Announces sale of Gemma Communications Group
* Says deal for C$7 million
* Says net aggregate proceeds from the sale were used by Tuckamore to reduce
outstanding senior indebtedness
* Says transaction consideration of up to $7 million consists of an initial
purchase price of $4 million
* Says wholly-owned subsidiary, Tuckamore Holdings LP has sold all of its
interests in Gemma Communications
* Says all figures are in Canadian dollars
* Source text for Eikon ID:nCCN7TPwl6
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