Business News • MarketWire • Cashion Acquires Additional Shares of Vitreous Glass Inc. |
Cashion Acquires Additional Shares of Vitreous Glass Inc. |
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Cashion Acquires Additional Shares of Vitreous Glass Inc.
CALGARY, ALBERTA--(Marketwire - Jan. 6, 2011) - J. Patrick Cashion of Calgary, Alberta, President and a Director of Vitreous Glass Inc., ("Vitreous") (TSX VENTURE:VCI) announces that, pursuant to a share purchase agreement dated January 6, 2011 (the "Agreement"), Mr. Cashion, his spouse and a corporation owned by them ("Holdco") have acquired direct or beneficial ownership of 75,000 common shares in the capital of Vitreous ("Common Shares") and have agreed to purchase a further 150,000 Common Shares in two further instalments over the next two years, resulting in an aggregate of 225,000 Common Shares being acquired directly or beneficially by Mr. Cashion, his spouse and Holdco. Pursuant to the Agreement Holdco also acquired voting rights to a further 75,000 Common Shares acquired by a third party and will acquire voting rights to a further 150,000 Common Sha
View More : http://www.marketwire.com/mw/release.do?id=1376978&sourceType=3
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