September 9, 2016 / 8:07 PM / a year ago

BRIEF-Ballantyne Strong acquires common shares of Itasca Capital

Sept 9 (Reuters) - Ballantyne Strong Inc

* Acquires common shares of Itasca Capital Ltd.

* Beneficially owns and exercises control over an aggregate of 7 million shares, of 21.8 million issued and outstanding common shares of Itasca

* Acquired indirect ownership of an aggregate of 465,500 common shares of Itasca Capital through open market purchases on TSX-V market

* Co paid average of cad $0.675 per share for recently acquired shares for total consideration of cad $314,129 Source text for Eikon: Further company coverage:

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