TORONTO: CAPVEST Income Corp. (the “Company”) announces that the Company will voluntarily halt trading of its common shares on the TSX Venture Exchange (“TSX V”) at the close of business on Monday, February 23, 2009. The common shares will then be de-listed from the TSX V at the close of business on Friday, February 27, 2009. Prior to de-listing and following the satisfaction of any and all liabilities and obligations owed to the creditors of the Company, the Company will ratably distribute the remaining assets to the Company’s shareholders. This process, of distributing the Company’s assets prior to de-listing, will allow the Company’s assets to be distributed to shareholders, including non-resident shareholders, in the most tax-efficient manner.
On February 10, 2009 shareholders of the Company approved the dissolution of the Company and the de-listing of the Company’s common shares from the TSX V.
Sentry Select Capital Inc.: Sentry Select Capital Inc., the Company’s Investment Manager, is a Canadian wealth management company offering a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates.
More information: Investor Services (broker/investor and media inquiries)Tel: 1-888-730-4623Fax: 416-364-1197Email: email@example.com
Certain statements included in this news release constitute forward-looking statements, including those identified by the expressions ‘‘expect,’’ ‘‘believe,’’ ‘‘intend,’’ “will” and similar expressions. The forward-looking statements are not historical facts but reflect the Company’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, the timing of the dissolution of the Company and the de-listing of the Company’s common shares. Readers are cautioned not to place undue reliance on forward-looking information. The Company undertakes 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. For a complete disclosure record of the Company, please visit the Company’s profile at www.sedar.com.
Les documents (y compris les communiqués de presse) se rapportant aux divers fonds d'investissement pour lesquels Sentry agit à titre de gestionnaire ou de conseiller ne sont fournis qu'à titre informatif. Ces documents ne peuvent être considérés comme étant exhaustifs ou exempts d'erreur sans un examen approfondi de la totalité des documents se rapportant à un fonds d'investissement en particulier disponibles sur SEDAR (www.sedar.com).