CMP 2014 Resource Limited Partnership Provides Update on Liquidity Event
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 11/25/15 -- CMP 2014 Resource Limited Partnership ("CMP 2014") provides this update regarding the anticipated date of the liquidity event, being the transfer of assets from CMP 2014 into a mutual fund ("Liquidity Event") as further described in the CMP 2014 prospectus.
Goodman & Company, Investment Counsel Inc., the manager of CMP 2014 ("Manager"), has determined that Dundee Global Resource Class, a class of mutual fund shares of Dundee Global Fund Corporation (the "Rollover Fund") will serve as the vehicle for assets transferred from CMP 2014.
The Manager currently anticipates that a Liquidity Event will occur at the end of January 2016. The net asset value of CMP 2014 will continue to be available on the website of the Manager, , until the transfer of the assets into the Rollover Fund.
About CMP
CMP™ is a pioneer in flow-through investing, with a history dating back to when flow-through shares were first introduced by the federal government. Since its creation in 1984, CMP has successfully raised and invested over $2.9 billion in companies active in exploration and development efforts across Canada. When combined with the flow-through limited partnerships of Canada Dominion, the two form the largest flow-through investing platform in Canada, raising a combined total of more than $4.2 billion in assets throughout their history.
About the Manager
The Manager is a subsidiary of Dundee Corporation (TSX: DC.A). The Manager is a registered portfolio manager and exempt market dealer across Canada, and a registered investment fund manager in the provinces of Ontario, Quebec and Newfoundland and Labrador.
Forward-Looking Information
This press release contains forward-looking statements that address future events and conditions, which are subject to various risks and uncertainties. Actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the control of the Manager or CMP 2014.
Forward-looking statements are based on the expectations and opinions of the Manager on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. CMP 2014 and the Manager expressly disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
Contacts:
Goodman & Company, Investment Counsel Inc.
Customer Relations Centre
1.866.694.5672
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Datum: 25.11.2015 - 21:24 Uhr
Sprache: Deutsch
News-ID 435796
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contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
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