Montblanc Capital Corp. has acquired 4,490,880 common shares in the capital of GBO Inc.—approximately 25.4 percent of the issued shares of the company, according to a statement from GBO.

The common shares are being acquired by Montblanc pursuant to the private agreement exemption from the take-over bid procedure prescribed by securities legislation set out in section 4.2 of Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids and section 100.1 of the Ontario Securities Act, according to the company.

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