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Announces the closing of an asset purchase of 329 space rental units, plus ancillary assets for $20.45 million in cash, funded through the Company’s existing asset-based lending facility. The Assets are primarily located in Kitimat, British Columbia and are well-suited to service the Company’s broad Western Canadian Modular Space Solutions markets where the Company continues to see healthy demand related to construction and infrastructure. Black Diamond Group Limited shares T.BDI are trading down $0.06 at $8.04.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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