Spectra Inc. (SSA)

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Spectra buys 1,315 Spectra Products shares from CABE

2019-07-08 07:26 MT - News Release


Mr. Glen Campbell reports

SPECTRA INC. ANNOUNCES PURCHASE OF COMMON SHARES OF SPECTRA PRODUCTS INC.

Spectra Inc. has purchased from CABE Financial Corp. a 33.25-per-cent interest in the common shares of Spectra Products Inc.

Pursuant to the transaction, Spectra purchased 1,315 common shares of Spectra Products from CABE for consideration of $300,000, resulting in Spectra owning 100 per cent of the issued and outstanding common shares of Spectra Products.

About Spectra Inc.

Spectra, through its wholly owned subsidiary, Spectra Products, is the Toronto-based North American designer, manufacturer and distributor of Brake Safe.

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