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Acasta Enterprises Inc
Symbol C : AEF
Shares Issued 95,715,298
Close 2018-04-05 C$ 2.22
Recent Sedar Documents

Acasta Enterprises issues 500,000 Class B shares to ECN

2018-04-05 17:08 ET - News Release

Mr. Ian Kidson reports

ACASTA ENTERPRISES ANNOUNCES ISSUANCE OF SHARES TO ECN CAPITAL AND DIRECTOR APPOINTMENT

Acasta Enterprises Inc. issued 500,000 Class B shares in the capital of Acasta to a wholly owned subsidiary of ECN Capital Corp. at a deemed issuance price of $2.01 per share. As previously announced, the ECN shares were issued in satisfaction of the remaining purchase price relating to Acasta's acquisition of ECN's commercial aviation business. The ECN shares are subject to a four-month hold period, expiring Aug. 6, 2018.

In addition, Acasta today announced the appointment of Ian Kidson, the company's interim chief executive officer, to the board of directors of the company.

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