businesspress24.com - CMP 2013 Resource Limited Partnership Raises $61 Million on First Closing
 

CMP 2013 Resource Limited Partnership Raises $61 Million on First Closing

ID: 1195230

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 02/08/13 -- Goodman Investment Counsel Inc. ("GIC") is pleased to announce that CMP 2013 Resource Limited Partnership (the "Partnership") has completed the first closing of its initial public offering of limited partnership units (the "Units"). The Partnership sold 61,094 Units for gross proceeds of approximately $61.1 million. The Partnership is managed by GIC. It is sub-advised by GCIC Ltd., manager of the Dynamic Funds™. Dundee Corporation, an affiliate of GIC, and directors and officers of GIC purchased approximately 9% of the Units sold in the first closing.

The Partnership anticipates completing a second and final closing on or about February 28, 2013. Units of the Partnership are being offered in all provinces and territories in Canada at a price of $1,000 per Unit with a minimum subscription of $5,000 (5 Units).

The offering is being made through a syndicate of agents led by Scotiabank, CIBC and RBC Capital Markets and including BMO Capital Markets, Dundee Securities Ltd., National Bank Financial Inc., TD Securities Inc., Burgeonvest Bick Securities Limited, Canaccord Genuity Corp., Desjardins Securities Inc., GMP Securities L.P., Macquarie Capital Markets Canada Ltd., Manulife Securities Incorporated and Raymond James Ltd.

This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Copies of the prospectus may be obtained from one of the dealers noted above. Investors should read the prospectus before making an investment decision.

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 $2.8 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 $4.1 billion in assets throughout their history.





About GIC

GIC is a wholly-owned subsidiary of Dundee Corporation and is led by Ned Goodman, CFA, utilizing a team of resource specialists. GIC acts as the manager of the CMP™ and Canada Dominion Resources 2012 flow through funds and provides sub-advisory to Dynamic Focus+ Resource Fund and DMP Resource Class, mutual funds managed by GCIC Ltd.

About GCIC Ltd.

GCIC Ltd., manager of the Dynamic Funds™, will sub-advise the Partnership in respect of the oil and gas investments with Jennifer Stevenson, a Vice President & Portfolio Manager, Energy, as lead portfolio manager. GCIC Ltd. offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds™, and the portfolio solutions of Marquis Investment Program. GCIC Ltd. is a wholly-owned subsidiary of Scotiabank and part of the Scotiabank's Global Wealth Management business line.



Contacts:
CMP 2013 Resource Limited Partnership
Customer Relations Centre
1.800.268.8186


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:



Leseranfragen:



PresseKontakt / Agentur:



drucken  als PDF  an Freund senden  New York Debt Consolidation Firm National Debt Relief Accredited by Better Business Bureau
US Financial 15 Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 08.02.2013 - 08:44 Uhr
Sprache: Deutsch
News-ID 1195230
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

TORONTO, ONTARIO


Phone:

Kategorie:

Personal Finance


Anmerkungen:


Diese Pressemitteilung wurde bisher 135 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"CMP 2013 Resource Limited Partnership Raises $61 Million on First Closing
"
steht unter der journalistisch-redaktionellen Verantwortung von

CMP 2013 Resource Limited Partnership (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von CMP 2013 Resource Limited Partnership



 

Who is online

All members: 10 591
Register today: 0
Register yesterday: 0
Members online: 0
Guests online: 1 799


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.