AG Recovery Limited acquired 23.14% stake in Arctic Glacier Income Fund (OTCPK:AGUN.F) from Solus Alternative Asset Management LP for CAD 18 million on May 16, 2014. As consideration, AG Recovery issued 81.6 million shares at CAD 0.22 per share.

AG Recovery Limited completed the acquisition of 23.14% stake in Arctic Glacier Income Fund (OTCPK:AGUN.F) from Solus Alternative Asset Management LP on May 16, 2014.