The Article 6 Marital Trust created under the Jerry Zucker Revocable Trust Purchases Shares of Nordex Explosives Ltd.
February 4, 2015
NORTH CHARLESTON, SC – The Article 6 Marital Trust created under the First Amended and Restated Jerry Zucker Revocable Trust dated 4-2-07 (the “Trust“) announced that it has purchased 5,000 common shares of Nordex Explosives Ltd. (“Nordex“) (TSX Venture: NXX) through the facilities of the TSX Venture Exchange at a price of Cdn$0.31 per share. Anita G. Zucker is the trustee of the Trust.
The 5,000 common shares purchased by the Trust represent approximately 0.02% of the issued and outstanding common shares of Nordex.
Prior to the transaction, the Trust owned 2,476,500 common shares, or approximately 12.12% of the issued and outstanding common shares of Nordex. As a result of the transaction, the Trust owns 2,481,500 common shares, or approximately 12.14% of the issued and outstanding common shares of Nordex.
The common shares of Nordex were acquired for investment purposes. The Trust may acquire additional shares Nordex, subject to price and availability.
