It is anticipated that the Fund will be terminated under its declaration of trust effective March 31, 2009. The estimated proceeds to unitholders in connection with the termination of the Fund will be approximately $3.83 per unit, assuming that the termination is completed as planned.
The Fund has applied to be voluntarily delisted from the Toronto Stock Exchange effective at the close of business on March 25, 2009, following which the Fund intends to make the final distribution to unitholders. The Fund intends to cease to be a reporting issuer under applicable securities laws effective March 31, 2009.
C.A. Bancorp Inc.:C.A. Bancorp is a publicly traded Canadian merchant bank and alternative asset manager that provides investors with access to a range of private equity and other alternative asset class investment opportunities. C.A. Bancorp is focused on investments in small- and middle-capitalization public and private companies, with emphasis on the industrials, real estate, infrastructure and financial services sectors.
More information Paolo De Luca, Chief Financial OfficerTel: 1-866-388-5985Fax: 416-861-8166Email: firstname.lastname@example.org
Certain statements included in this news release constitute forward-looking statements, including those identified by the expressions "expect," "believe," "intend," "will," "anticipate" and similar expressions. The forward-looking statements are not historical facts but reflect C.A. Bancorp and the Fund's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations including, but not limited to, regulatory considerations impacting the timing for delisting of the Fund from the Toronto Stock Exchange and the Fund ceasing to be a reporting issuer, actual and contingent expenses of the Fund and coordination issues impacting the amount and timing of the payment of the final distribution. The Fund’s obligation with respect to the payment of distributions is to registered unitholders. Beneficial unitholders receive any entitled payments from their intermediaries which may impact timing for the receipt of payment for units. Readers are cautioned not to place undue reliance on forward-looking information. C.A. Bancorp and the Fund undertake no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
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).