VANCOUVER, March 2, 2018 /CNW/ - Great Pacific Capital Corp. ("GPCC"), announced today that it acquired an additional 165,400 common shares of Westshore Terminals Investment Corporation ("Westshore"), which shares were purchased on March 2, 2018, through recognized Canadian Stock Exchanges
This acquisition brings the total holdings in the common shares of Westshore by GPCC, together with certain affiliates, to 22,457,300 common shares, representing approximately 31.82% of the outstanding common shares of Westshore, and brings the total holdings of the common shares of Westshore by GPCC to 10,119,300 common shares, representing approximately 14.34% of the outstanding common shares of Westshore. GPCC and the affiliates referenced above are wholly owned by Jim Pattison.
Immediately before the acquisition, GPCC held 9,953,900 common shares of Westshore, representing 14.10% of the issued and outstanding common shares of Westshore.
GPCC is incorporated under the laws of British Columbia. The principal business of GPCC is investing in securities.
Westshore's head office is located at 1800 – 1067 West Cordova Street, Vancouver, BC V6C 1C7.
The common shares of Westshore that GPCC purchased were purchased and are presently being held for investment purposes. In the future, GPCC or its affiliates may acquire additional common shares of Westshore or dispose of such shares subject to a number of factors, including general market and economic conditions and other investment and business opportunities available.
A copy of the Early Warning Report to which this press release relates can be obtained from Nick Desmarais (604-688-6764) or on the SEDAR profile of Westshore at www.sedar.com.
SOURCE Westshore Terminals Investment Corporation
View original content: http://www.newswire.ca/en/releases/archive/March2018/02/c5107.html
Nick Desmarais (604-688-6764) or on the SEDAR profile of Westshore at www.sedar.com