Osmium Partners, LLC Acquires interest in Glacier Media Inc.
April 08 2019 - 7:19PM
PR Newswire (Canada)
GREENBRAE, CA, April 8, 2019 /CNW/ - Osmium Partners, LLC
(the "Acquiror") announces that on April 5,
2019 it acquired an additional 1,796,000 common shares of
Glacier Media Inc. (TSX:GVC) of Glacier Media Inc., 2188 Yukon
Street, Vancouver, British
Columbia V5Y 3P1 with the result that the Acquiror holds in
aggregate 11,790,682 common shares, being 10.7% of the outstanding
common shares. The common shares were acquired on the Toronto
Stock Exchange at a price of $0.5745
per common share. Prior to the to this transaction the
Acquiror owned in aggregate 9,994,682 common shares, and the
acquisition of the common shares pursuant to the Acquisition
represents an increase in the Acquiror's ownership from 9.1% to
10.7% of the issued and outstanding common shares. The
Acquiror has acquired the common shares for investment
purposes. It is the intention of the Acquiror to
evaluate its investment on a continuing basis and the
Acquiror's holdings of common shares may be increased or
decreased in the future, however the Acquiror has no current plans
or future intentions to dispose of the common shares nor to acquire
ownership of, or control over, additional common shares. The
Acquiror has no current plans or future intention regarding the
matters specified in Item 5(a) through (k) of Form 62-103F1
prescribed by National Instrument 62-103 of the Canadian Securities
Administrators.
SOURCE Osmium Partners, LLC
Copyright 2019 Canada NewsWire
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