Stocks in Play

Cervus Equipment Corporation

09:48 AM EST - Cervus Equipment Corporation : announced that it has completed the acquisition of the remaining 46.7% interest in Windmill AG Pty Ltd. that it did not already own. The purchase price of $1,654,290 (AUS$1,627,758 at $1.0163 Canadian per Australian dollar) was paid via the issuance of 67,483 common shares of Cervus at a deemed price of $22.59 per share and $129,840 cash (AUS$127,758 at 1.0163 Canadian per Australian dollar). Cervus also announced that it has acquired Western Farm Service Pty Ltd., a John Deere dealership located in Melbourne for a purchase price of $4,277,300 (AUS$4,205,000), subject to final closing adjustments. Cervus Equipment Corporation shares T.CVL are trading up $0.06 at $21.87.