Toronto: Sentry Select Capital Corp. is pleased to announce that Oil Sands and Energy Mega-Projects Trust (the “Trust”) has filed and obtained a receipt from the securities regulatory authorities in each of the provinces and territories of Canada for the final prospectus for its offering of up to $140 million.
The offering: The Trust will invest in an actively managed portfolio of securities (the “Portfolio”) of issuers that are involved in the Canadian energy mega-projects, primarily in the oil sands sector, the northern gas projects, enhanced oil recovery projects and liquified natural gas facilities, including those whose businesses are directly or indirectly related to these projects including, without limitation, in the businesses of oil and gas production, service, pipelines and infrastructure, construction and real estate.
Investment objectives: The Trust’s investment objectives are to provide unitholders with:(i) long-term capital appreciation and (ii) monthly cash distributions.
Offering price: The price per unit is $10.00 with a minimum subscription of 200 units ($2,000).
Closing: The closing is expected to occur on or about April 18, 2006.
TSX listing: The Toronto Stock Exchange has conditionally approved the listing of the units. The symbol will be TSX: OSM.UN.
Sentry Select Capital Corp.: Sentry Select Capital Corp. provides investment, administrative and marketing services to 23 exchange-listed closed-end funds, 17 of which have exposure to the income trust sector, 16 mutual funds, 11 principal-protected notes and three flow-through limited partnerships. Sentry Select is one of the largest Canadian investment managers in the income trust sector. As of January 31, 2006, Sentry Select had approximately $8.5 billion in gross assets under management.
Agents: A syndicate of agents is being co-led by CIBC World Markets Inc. and RBC Dominion Securities Inc. The remaining members of the syndicate group are: BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Berkshire Securities Inc., Blackmont Capital Inc., Desjardins Securities Inc., Dundee Securities Corporation, Wellington West Capital Inc., IPC Securities Corporation and Research Capital Corporation.
More information: Investor Services (broker/investor inquiries) or Brian McOstrich (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1330 email@example.com www.sentryselect.com
Documents (including press releases) regarding the various investment funds that are managed or advised by Sentry are provided for information purposes only and cannot be relied on to be complete, exhaustive or error-free unless the complete set of documents for any given investment fund with respect to which information is being sought is reviewed and then only on SEDAR (www.sedar.com).