TORONTO, ONTARIO -- (Marketwire) -- 01/14/13 -- Canada Dominion Resources 2011 Limited Partnership ("Canada Dominion 2011" or the "Partnership") is pleased to announce that it has completed the transfer of its assets into Dynamic Managed Portfolios Ltd. ("DMP Ltd.") in exchange for shares of DMP Resource Class.
On the date of transfer, January 11, 2013, the net asset values for Canada Dominion 2011 and DMP Resource Class were $8.75 per unit and $16.34 per share, respectively. Upon the dissolution of the Partnership, on or about February 6, 2013, shares of DMP Resource Class will be distributed to limited partners. In the interim, investors in the Partnership can determine a value for their holdings by multiplying the number of units they held in Canada Dominion 2011 by 0.5354 shares of DMP Resource Class. The derived net asset value per unit of the Partnership will continue to be available on the Canada Dominion website (www.canadadominion.com) until the dissolution of the Partnership.
DMP Ltd., an open-ended mutual fund corporation, offers multiple classes of mutual fund shares, including DMP Resource Class. Each class of shares constitutes a separate mutual fund (each a "DMP Fund"), the DMP Resource Class being one of the DMP Funds. DMP Resource Class is managed by GCIC Ltd. ("GCICL") and sub-advised by Goodman Investment Counsel Inc. ("GIC"). The multiple class structure of DMP Ltd. allows investors to switch between the DMP Funds on a tax-deferred basis and reposition their investment portfolios to meet their individual investment requirements.
About Canada Dominion
Canada Dominion is a leader in flow-through share finance. Since its first partnership was introduced in 1998, Canada Dominion has successfully raised and invested an estimated $1.3 billion in companies involved in exploration and development efforts in Canada's resource sector. The offerings of Canada Dominion, when combined with those of the flow-through limited partnerships of CMP, form Canada's largest flow-through platform, raising a combined total of more than $4 billion in assets throughout their history.
GIC is a wholly owned subsidiary of Dundee Corporation (TSX: DC.A) and is led by Ned Goodman, CFA, utilizing a team of resource specialists at Dundee Resources Limited. GIC is manager of Goodman Gold Trust and the CMP and Canada Dominion flow through limited partnerships, as well as sub-advisor to the Partnership and other limited partnerships managed by Dundee Securities in addition to investment funds managed by GCICL.
About Dundee Securities Ltd.
Dundee Securities, manager of the Partnership, is an investment dealer and wholly owned subsidiary of Dundee Corporation. Dundee Securities is a full service investment bank that provides financing and advisory service for public and private companies, financial advisory for private clients as well as research and institutional trading services to clients in Canada, the United States and Europe.
GCICL offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds®, the portfolio solutions of the Marquis Investment Program and the high net worth wealth management of DundeeWealth Investment Counsel. GCICL is a wholly owned subsidiary of DundeeWealth Inc. DundeeWealth Inc. is a wholly-owned subsidiary of Scotiabank (TSX: BNS).
Canada Dominion Resources 2011 Limited Partnership
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