Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Daniel Drimmer acquires units of Truth North Commercial Real Estate Investment Trust

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Dec. 14, 2012 /CNW/ - Daniel Drimmer announced today that in connection with the completion of the plan of arrangement involving Tanq Capital Corporation ("Tanq") and True North Commercial Real Estate Investment Trust (the "REIT") (the "Arrangement"), as part of Tanq's qualifying transaction as a capital pool company in accordance with Policy 2.2 of the TSX Venture Exchange Corporate Finance Manual, Mr. Drimmer through D.D. Acquisitions Partnership and Drimmer Holdings Ltd. (collectively, the "Acquiror), entities controlled by him, acquired beneficial ownership of 1,656,250 class B limited partnership units ("Class B LP Units") of True North Commercial Limited Partnership, a limited partnership controlled by the REIT.  The Class B LP Units are accompanied by 1,656,250 special voting units of the REIT ("Special Voting Units").  The Class B LP Units were issued to the Acquiror pursuant to the terms of the Arrangement whereby shareholders of Tanq exchanged their common shares for either units of the REIT ("Units") or Class B LP Units on an eight for one basis.  Pursuant to an exchange agreement dated December 14, 2012, between the REIT, True North Commercial General Partner Corp., Starlight Investments Ltd. and other limited partnerships controlled by the REIT, each Class B LP Unit may be exchanged for one Unit without further consideration at which time a corresponding Special Voting Unit will be cancelled.

Immediately following the completion of the Arrangement, the Acquiror acquired 57,856 Units at a subscription price of $3.74 per Unit by way of a non-brokered private placement financing of the REIT (the "REIT Private Placement").

After giving effect to the Arrangement and the REIT Private Placement, the Offeror shall beneficially own 1,714,106 Units (including the 1,656,250 Units that may be acquired by the Offeror upon the exchange of its Class B LP Units), representing approximately 24.46% of the outstanding Units (based on 7,008,690 Units stated to be outstanding as of December 14, 2012 in the REIT's news release issued on December 14, 2012 and after giving effect to the exchange of all outstanding Class B LP Units for REIT Units on a one-for-one basis).

The 57,856 Units and the 1,656,250 Class B LP Units were acquired for investment purposes pursuant to applicable prospectus exemptions set out in National Instrument 45-106 - Prospectus and Registration Exemptions. The Offeror may from time to time acquire additional securities of the REIT and its controlled entities (whether pursuant to property acquisition transactions or otherwise), dispose of some or all of the securities of any such entity or maintain its current securities position in the entity.

This press release is being issued pursuant to National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers which requires a report to be filed under the REIT's profile on SEDAR (www.sedar.com) containing additional information respecting the foregoing matters.  A copy of such report may be obtained by contacting Daniel Drimmer at (416) 234-8444.

SOURCE Daniel Drimmer

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into it...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for vi...
I was experimenting with Java HashSet, which is a pretty expensive collection to create, but it has a benefit of the O(1) performance on the retrieval of elements from this collection. Based on my experiments performance of HashSet is improved over the last year. I’ve written a small ...
When I started exploring virtualization, like many folks, I was in awe of how much efficiency came with moving physical servers into VMs. To this day, the number of success stories about improved usage, reduced overhead costs and increased functionality makes virtualization a solid bus...
XebiaLabs has announced that XL Deploy, its Application Release Automation software, has received certification of its integration with ServiceNow. With XL Deploy from XebiaLabs, ServiceNow users can now easily automate the application deployment process so releases can occur in a re...
All enterprises, be they large or small, national or multinational, commercial or government agency, American or Chinese, Japanese or European, are carrying the dead weight of their history and almost certainly continuing to add unnecessary complexity and excessive cost that will progr...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE