James A. Pattison buying more Westshore Terminals (WTE)
James A. Pattison buying more Westshore Terminals (T:WTE)
Updated Wednesday May 10, 2017 09:50 AM EDT
James A. Pattison, a 10% Holder, acquired 724,600 Common Shares on an indirect ownership basis for registered holder Great Pacific Capital Corp. at prices ranging from $22.700 to $23.118 between May 4th, 2017 and May 9th, 2017. This represents a $16,642,465 investment into the company's shares and an account share holdings change of 3.5%.Westshore Terminals is in the Marine Port Services Sub Industry Group under the Industrials Sector.
Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore), which is a limited partnership. Westshore operates a coal storage and loading terminal at Roberts Bank, British Columbia (the Terminal). Westshore handles coal from mines in British Columbia and Alberta, as well as from mines in the north-western United States. Its coal is delivered to the Terminal in unit trains operated by the Canadian Pacific, Canadian National (CN) and Burlington Northern Santa Fe (BNSF) railways and is then unloaded and either directly transferred onto a ship or stockpiled for future ship loading. The coal is loaded onto ships that are destined for approximately 16 countries across the world, with most of the volumes shipped to Japan, Korea and China. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company.