Kernwood Announces Acquisition of Additional Shares of Black Diamond Group
TORONTO, ONTARIO–(Marketwired – Dec. 11, 2017) - Kernwood Limited reported pursuant to the “Early Warning Requirements” of Ontario’s securities laws that it purchased 412,100 common shares (the “Shares“) of Black Diamond Group Ltd. (“Black Diamond“) on December 11, 2017 in normal course transactions on the Toronto Stock Exchange with the result that Kernwood, together with its shareholders and related family members, collectively own 8,278,500 shares of Black Diamond representing approximately 14.941% of the total outstanding Shares. The 412,100 Shares were purchased at an average of $2.2153 per Share, for an aggregate of $912,925.