09:39 AM EST - CanWel Building Materials Group Ltd. : announced today that it has entered into a definitive agreement to sell its hardware division to Tim-BR Marts Ltd. for $50 million in cash. Also included in the transaction is the Company's Chalifour division which distributes construction materials to its customers from Québec. CanWel Building Materials Group Ltd.
shares T.CWX are trading up $.03 at $4.94.
