03:39 PM EST - Amica Mature Lifestyles Inc. : announced the acquisition of an additional 33% ownership interest in Amica at Dundas, located in Dundas, Ontario. The acquisition of the additional 33% ownership interest brings the Company's ownership position to 50% in Amica at Dundas. The effective date for the acquisition is March 1, 2012. The other 50% ownership interest in Amica at Dundas is held by Amica's developer partner in this property. The purchase price paid for the acquisition of the 33% ownership interest was approximately $11 million, including: cash consideration of $2.7 million, and the assumption of the vendors' share of a mortgage on the property and other net liabilities in the amount of approximately $8.3 million. Amica Mature Lifestyles Inc.
shares T.ACC are trading down $0.06 at $9.15.
