Berkley Capital Management invests in Callidus Capital Corporation

NASSAU, Dec. 11, 2015 /CNW/ - Berkley Capital Management Ltd. ("Berkley") has acquired, through the facilities of the Toronto Stock Exchange, ownership and control over 223,500 common shares of Callidus Capital Corporation ("Callidus"), representing approximately 0.45% of the outstanding common shares of Callidus.

Together with the 4,835,100 common shares of Callidus previously owned by Berkley, Berkley now owns and controls a total of 5,058,600 common shares of Callidus, or approximately 10.3% of the issued and outstanding common shares of Callidus.

Berkley has acquired the common shares for investment purposes and may, from time to time, acquire additional common shares of Callidus, dispose of some or all of the common shares of Callidus, or continue to hold the common shares of Callidus.

SOURCE Berkley Capital Management Ltd.

Berkley Capital Management Ltd., 303 Shirley Street, PO Box N492, Nassau, The Bahamas, Attn: Jefferson R. Voss, 407 909 9000