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Strategic Energy Fund (TSX: SEF.UN) closes the Exchange Offer; raises $95,092,933
2007-06-08
Toronto/Calgary: Strategic Energy Management Corp. is pleased to announce the closing of the Strategic Energy Fund (the “Fund”) Exchange Offer. Gross proceeds: At the closing, the Fund issued 10,309,071 units for total gross proceeds of $95,092,933. Strategic Energy Fund: Strategic Energy Fund is an investment trust that seeks to provide unitholders with superior rates of return through a diversification strategy focused on investment opportunities within the Canadian energy sector. The Fund invests in established companies, early-stage energy companies and, to a lesser extent, special energy issuers, each with prospects for high growth in the near to medium term and the potential for long-term capital appreciation. Trading information: Strategic Energy Fund units trade on the Toronto Stock Exchange under the symbol SEF.UN. Dealer manager: National Bank Financial Inc. was engaged as the dealer manager for the Exchange Offer. More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416 364-1197 info@sentryselect.com www.sentryselect.com This news release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the future performance of the Fund, including the potential for future distributions. These statements reflect Sentry Select’s current expectations, but are subject to a number of risks and uncertainties. Due to the many risks and uncertainties, Sentry Select cannot assure that the forward-looking statements contained in this news release will be realized.

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