11:54 AM EST - Jovian Capital Corporation : announced that it has, through subsidiary Jovian Asset Management Inc., acquired all remaining outstanding voting shares of subsidiary Leon Frazer & Associates Inc. Total consideration paid for these shares was approximately $3.5 million, pursuant to the stipulated calculations set out in the Unanimous Shareholders Agreement of Leon Frazer in place at the time of Jovian's purchase of a controlling interest in Leon Frazer in 2004. These additional shares represented approximately 16% of Leon Frazer's total issued and outstanding voting shares. Leon Frazer is now an indirect wholly-owned subsidiary of Jovian. Jovian Capital Corporation
shares T.JOV are trading up $0.18 at $7.19.
