The Article 6 Marital Trust created under the Jerry Zucker Revocable Trust purchases shares of Titan Logix Corp.
February 3, 2016
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 469,400 common shares of Titan Logix Corp. (“Titan“) (TSX Venture: TLA) through the facilities of the TSX Venture Exchange at a price of Cdn$0.57 per share. Anita G. Zucker is the trustee of the Trust.
The 469,400 common shares purchased by the Trust represent approximately 1.83% of the issued and outstanding common shares of Titan.
Prior to the transaction, the Trust owned 4,417,700 common shares, or approximately 17.22% of the issued and outstanding common shares of Titan. As a result of the transaction, the Trust owns 4,887,100 common shares, or approximately 19.05% of the issued and outstanding common shares of Titan.
The common shares of Titan were acquired for investment purposes. The Trust may acquire additional shares Titan, subject to price and availability.
