Toronto, Ontario--(Newsfile Corp. - September 25, 2014) - 2425138 Ontario Inc. (the "Offeror") announced that, effective September 15, 2014, pursuant to a court-approved plan of arrangement (the "Arrangement") carried out under the provisions of section 182 of the Business Corporations Act (Ontario), the Offeror acquired ownership of 28,321,054 common shares and 5,500,000 preference shares in the capital of Northampton Group Inc. ("NGI"), being 100% of the issued and outstanding common shares and preference shares in the capital of NGI for $1.40 per common share and $0.20 per preference share.
The common shares and the preference shares were acquired by the Offeror for investment purposes.
Copies of the arrangement agreement entered into in connection with the Arrangement are available on NGI's profile at www.sedar.com.
For further information or a copy of the early warning report to be filed in connection with this announcement, please contact:
Narendra Patel
2601 Matheson Boulevard East
Suite 212, Mississauga, Ontario L4W 5A8
(905) 629-9992
