09:37 AM EST - iFabric Corp. : Today announced the execution of an agreement to acquire of the remaining 25% of the shares in its subsidiary company that owns its Markham, Ontario, warehouse property. The acquisition will be funded through $3.7-million mortgage financing provided by BMO, which will be utilized for the share purchase, as well as to repay an existing secured loan and outstanding minority shareholder loans. iFabric Corp.
shares T.IFA are trading unchanged at $1.06.