Ballantyne Strong Acquires Common Shares of Kobex Capital Corp.
OMAHA, Neb.–(BUSINESS WIRE)– Ballantyne Strong, Inc. (NYSE MKT: BTN), a holding company with diverse business activities focused on serving the cinema, retail, financial and government markets, announces that as of May 19, 2016, it had acquired indirectly ownership of an aggregate of 5,489,500 common shares (“Shares”) of Kobex Capital Corp. (TSX-V: KXM; OTCQB: KBXMF) (“Kobex”) on the TSX-V market. This announcement is made by Ballantyne Strong to comply with certain legal requirements under Canadian securities legislation respecting its ownership of securities of Kobex.