TORONTO, April 20 /CNW/ - O'Leary Funds Management LP (the "Manager") is
pleased to announce that O'Leary Canadian Income Opportunities Fund (the
"Fund") has added the securities of certain issuers to the list of issuers
("Exchange Eligible Issuers") whose securities will be accepted by the Fund in
exchange for units of the Fund pursuant to the Fund's exchange option (the
"Exchange Option") described in its Preliminary Prospectus dated April 3,
2009. The following list sets forth the Exchange Eligible Issuers whose
securities the Fund would be willing to accept, including CUSIP number and
ticker symbol as amended by such additions.DIVIDEND PAYING EQUITIES
Name CUSIP ISIN Symbol
BANK OF MONTREAL 063671101 CA0636711016 BMO CN
BANK OF NOVA SCOTIA 064149107 CA0641491075 BNS CN
BCE INC 05534B760 CA05534B7604 BCE CN
BFI CANADA LTD 05540R106 CA05540R1064 BFC CN
BIOVAIL CORPORATION 09067J109 CA09067J1093 BVF CN
BROOKFIELD PROPERTIES CORP 112900105 CA1129001055 BPO CN
CAN IMPERIAL BK OF COMMERCE 136069101 CA1360691010 CM CN
EMERA INC 290876101 CA2908761018 EMA CN
FIRST CAPITAL REALTY INC 31943B100 CA31943B1004 FCR CN
GREAT-WEST LIFECO INC 39138C106 CA39138C1068 GWO CN
IGM FINANCIAL INC 449586106 CA4495861060 IGM CN
MANITOBA TELECOM SVCS INC 563486109 CA5634861093 MBT CN
MANULIFE FINANCIAL CORP 56501R106 CA56501R1064 MFC CN
METHANEX CORP 59151K108 CA59151K1084 MX CN
NATIONAL BANK OF CANADA 633067103 CA6330671034 NA CN
NEWALTA INC 65020P103 CA65020P1036 NAL CN
POWER CORP OF CANADA 739239101 CA7392391016 POW CN
POWER FINANCIAL CORP 73927C100 CA73927C1005 PWF CN
ROYAL BANK OF CANADA 780087102 CA7800871021 RY CN
SUN LIFE FINANCIAL INC 866796105 CA8667961053 SLF CN
SUPERIOR PLUS CORP 86828P103 CA86828P1036 SPB CN
TELUS CORP 87971M103 CA87971M1032 T CN
TORONTO-DOMINION BANK 891160509 CA8911605092 TD CN
TRANSALTA CORP 89346D107 CA89346D1078 TA CN
TRANSCANADA CORP 89353D107 CA89353D1078 TRP CN
TRINIDAD DRILLING LTD 896356102 CA8963561029 TDG CN
PREFERRED SHARES
Local
Security Exchange
Issuer Description CUSIP ISIN Symbol
BCE INC BCE 4.953 05534B851 CA05534B8511 BCE.PR.Y
BCE INC BCE 4.844 05534B869 CA05534B8693 BCE.PR.S
BCE INC BCE 4.35 05534B737 CA05534B7372 BCE.PR.G
BCE INC BCE 4.331 05534B828 CA05534B8289 BCE.PR.Z
BCE INC BCE 4.502 05534B810 CA05534B8107 BCE.PR.T
BCE INC BCE 4.4 05534B745 CA05534B7455 BCE.PR.F
BCE INC BCE 5.54 05534B786 CA05534B7869 BCE.PR.C
BCE INC BCE 4.65 05534B711 CA05534B7117 BCE.PR.I
BCE INC BCE 6.174 05534B703 CA05534B7034 BCE.PR.R
BCE INC BCE 4.8 05534B794 CA05534B7943 BCE.PR.A
BOMBARDIER INC BBD 2 1/2 097751507 CA0977515075 BBD.PR.B
BOMBARDIER INC BBD 5.476 097751606 CA0977516065 BBD.PR.D
BOMBARDIER INC BBD 6 1/4 097751705 CA0977517055 BBD.PR.C
BROOKFIELD ASSET MGMNT BAM 4 3/4 112585823 CA1125858235 BAM.PR.N
BROOKFIELD ASSET MGMT BAM 1 3/4 112585872 CA1125858722 BAM.PR.K
BROOKFIELD ASSET MGMT BAM 4 3/4 112585831 CA1125858318 BAM.PR.M
BROOKFIELD ASSETS MGMNT BAM 1 3/4 112585203 CA1125852030 BAM.PR.B
BROOKFIELD ASSETS MGMNT BAM 1 3/4 112585401 CA1125854010 BAM.PR.C
BROOKFIELD ASSETS MGMNT BAM 5.63 112585609 CA1125856098 BAM.PR.G
BROOKFIELD PROPERTIES BPOCN 5 1/4 112900709 CA1129007094 BPO.PR.U
BROOKFIELD PROPERTIES BPOCN 5.2 112900865 CA1129008654 BPO.PR.K
BROOKFIELD PROPERTIES BPOCN 5 3/4 112900808 CA1129008084 BPO.PR.H
BROOKFIELD PROPERTIES BPOCN 5 112900873 CA1129008738 BPO.PR.J
BROOKFIELD PROPERTIES BPOCN 6 112900600 CA1129006005 BPO.PR.F
CANADA LIFE FINL CORP GWOCN 6 1/4 135113306 CA1351133063 CL.PR.B
DUNDEE BANCORP INC DBCCN 5 264901604 CA2649016045 DC.PR.A
DUNDEEWEALTH INC DWCN 4 3/4 265312405 CA2653124057 DW.PR.A
E-L FINANCIAL ELF 4 3/4 26857Q408 CA26857Q4088 ELF.PR.G
E-L FINANCIAL CORP LTD ELF 5.3 26857Q309 CA26857Q3098 ELF.PR.F
EPCOR POWER EQUITY LTD EPUCN 4.85 29413R209 CA29413R2090 EPP.PR.A
FIRSTSERVICE CORPORATION FSV 7 33761N208 CA33761N2086 FSV.PR.U
GEORGE WESTON LTD WN 4 3/4 961148848 CA9611488482 WN.PR.E
GEORGE WESTON LTD WN 5.2 961148863 CA9611488631 WN.PR.C
GEORGE WESTON LTD WN 5.2 961148855 CA9611488557 WN.PR.D
GREAT-WEST LIFECO INC GWOCN 4 1/2 39138C866 CA39138C8667 GWO.PR.I
GREAT-WEST LIFECO INC GWOCN 4.85 39138C874 CA39138C8741 GWO.PR.H
GREAT-WEST LIFECO INC GWOCN 5.2 39138C882 CA39138C8824 GWO.PR.G
GREAT-WEST LIFECO INC GWOCN 5.9 39138C809 CA39138C8097 GWO.PR.F
INDUSTRIAL ALLIANCE IAGCN 4.6 455871301 CA4558713018 IAG.PR.A
INDUSTRIAL ALLIANCE IAGCN 6.2 455870402 CA4558704025 IAG.PR.C
NEXEN INC NXY 7.35 65334H508 CA65334H5087 NXYpB
Oil Sands Split Trust OSTCN 8 1/2 67788Q208 CA67788Q2080 OST.PR.A
POWER CORPORATION CANADA POW 5 739239861 CA7392398615 POW.PR.D
POWER CORPORATION CANADA POW 5.35 739239804 CA7392398045 POW.PR.B
POWER CORPORATION CANADA POW 5.6 739239887 CA7392398870 POW.PR.A
POWER CORPORATION CANADA POW 5.8 739239879 CA7392398797 POW.PR.C
POWER FINANCIAL CORP PWF 4.95 73927C837 CA73927C8372 PWF.PR.K
POWER FINANCIAL CORP PWF 5.1 73927C829 CA73927C8299 PWF.PR.L
POWER FINANCIAL CORP PWF 5 1/2 73927C803 CA73927C8034 PWF.PR.E
POWER FINANCIAL CORP PWF 5 3/4 73927C860 CA73927C8604 PWF.PR.H
POWER FINANCIAL CORP PWF 5.9 73927C878 CA73927C8786 PWF.PR.G
POWER FINANCIAL CORP PWF 6 73927C845 CA73927C8455 PWF.PR.I
SUN LIFE FINANCIAL INC SLFCN 4.45 866796402 CA8667964024 SLF.PR.C
SUN LIFE FINANCIAL INC SLFCN 4 1/2 866796600 CA8667966003 SLF.PR.E
SUN LIFE FINANCIAL INC SLFCN 4.45 866796501 CA8667965013 SLF.PR.D
SUN LIFE FINANCIAL INC SLFCN 4 3/4 866796204 CA8667962044 SLF.PR.A
SUN LIFE FINANCIAL INC SLFCN 4.8 866796303 CA8667963034 SLF.PR.B
YPG HOLDINGS INC YLOUCN 5 984246306 CA9842463064 YPG.PR.B
YPG HOLDINGS INC YLOUCN 4 1/4 984246207 CA9842462074 YPG.PR.A
INCOME TRUSTS
Name CUSIP ISIN Symbol
ADVANTAGE ENERGY INCOME FUND 00762L101 CA00762L1013 AVN-U CN
AG GROWTH INCOME FUND 001174101 CA0011741018 AFN-U CN
ALGONQUIN POWER INC FUND-UTS 015910102 CA0159101025 APF-U CN
ALLIED PROPERTIES REAL ESTAT 019456102 CA0194561027 AP-U CN
ALTAGAS INCOME TRUST 021360102 CA0213601028 ALA-U CN
ARC ENERGY TRUST-UNITS 001986108 CA0019861081 AET-U CN
ARMTEC INFRASTRUCTURE INCOME 041900101 CA0419001015 ARF-U CN
ARTIS REAL ESTATE INVESTMENT 04315L105 CA04315L1058 AX-U CN
ATLANTIC POWER CORP-IPS 04878Q400 CA04878Q4007 ATP-U CN
AVENIR DIVERSIFIED INCOME TR 05356Q200 CA05356Q2009 AVF-U CN
BADGER INCOME FUND 05651Q103 CA05651Q1037 BAD-U CN
BAYTEX ENERGY TRUST-UNITS 073176109 CA0731761098 BTE-U CN
BELL ALIANT REGIONAL COMMUNI 07786J103 CA07786J1030 BA-U CN
BIRD CONSTRUCTION INCOME FUN 090762105 CA0907621050 BDT-U CN
BOARDWALK REAL ESTATE INVEST 096631106 CA0966311064 BEI-U CN
BONAVISTA ENERGY TRUST 098536105 CA0985361058 BNP-U CN
BORALEX POWER INCOME-UNIT 09951T106 CA09951T1066 BPT-U CN
BOSTON PIZZA ROYALTIES-UNITS 101084101 CA1010841015 BPF-U CN
CALLOWAY REAL ESTATE INVESTM 131253205 CA1312532056 CWT-U CN
CAN APARTMENT PROP REAL ESTA 134921105 CA1349211054 CAR-U CN
CAN REAL ESTATE INVEST TRUST 13650J104 CA13650J1049 REF-U CN
CANADIAN OIL SANDS TRUST 13642L100 CA13642L1004 COS-U CN
CATHEDRAL ENERGY SRVCS INCOM 14917H105 CA14917H1055 CET-U CN
CHARTWELL SENIORS HOUSING RE 16140U100 CA16140U1003 CSH-U CN
CHEMTRADE LOGISTICS INCOM FD 16387P103 CA16387P1036 CHE-U CN
CINEPLEX GALAXY INCOME FUND 172453102 CA1724531027 CGX-U CN
CML HEALTHCARE INCOME FUND 12582P105 CA12582P1053 CLC-U CN
COLABOR INCOME FUND 192668101 CA1926681018 CLB-U CN
COMINAR REAL ESTATE INV-TR U 199910100 CA1999101001 CUF-U CN
CONSUMERS' WATERHEATER INCOM 210724100 CA2107241002 CWI-U CN
CONTRANS INCOME FUND 212337109 CA2123371098 CSS-U CN
CRESCENT POINT ENERGY TRUST 225908102 CA2259081024 CPG-U CN
CROMBIE REAL ESTATE INVESTME 227107109 CA2271071094 CRR-U CN
DAVIS + HENDERSON INCOME FND 239058100 CA2390581007 DHF-U CN
DAYLIGHT RESOURCES TRUST 239600109 CA2396001091 DAY-U CN
DUNDEE REAL ESTATE INVESTMEN 265270207 CA2652702077 D-U CN
ENBRIDGE INCOME FUND 29251D106 CA29251D1069 ENF-U CN
ENERFLEX SYSTEMS INCOME FUND 29268J104 CA29268J1049 EFX-U CN
ENERGY SAVINGS INCOME FUND 292717105 CA2927171058 SIF-U CN
ENERPLUS RESOURCES FUND 29274D604 CA29274D6046 ERF-U CN
EXCHANGE INDUSTRIAL INCOME F 301285102 CA3012851026 EIF-U CN
EXTENDICARE REAL ESTATE INVE 302251103 CA3022511032 EXE-U CN
FIRST NATIONAL FINANCIAL INC 321135105 CA3211351059 FN-U CN
FREEHOLD ROYALTY TRUST UTS 355904103 CA3559041031 FRU-U CN
FUTUREMED HEALTHCARE INCOME 36116H107 CA36116H1073 FMD-U CN
GENIVAR INCOME FUND 372301101 CA3723011019 GNV-U CN
GREAT LAKES HYDRO INCOME FND 390631109 CA3906311095 GLH-U CN
H&R REAL ESTATE INV-REIT UTS 404428203 CA4044282032 HR-U CN
HARVEST ENERGY TRUST-UNITS 41752X101 CA41752X1015 HTE-U CN
HOME EQUITY INCOME TRUST 43708B100 CA43708B1004 HEQ-U CN
IBI INCOME FUND 449213107 CA4492131079 IBG-U CN
INNERGEX POWER INCOME FUND 45771K107 CA45771K1075 IEF-U CN
INNVEST REAL ESTATE INVESTME 45771T108 CA45771T1084 INN-U CN
INTER PIPELINE FUND LP-A 45833P102 CA45833P1027 IPL-U CN
JAZZ AIR INCOME FUND 47214X100 CA47214X1006 JAZ-U CN
KEYERA FACILITIES INCOME FD 493272108 CA4932721083 KEY-U CN
LABRADOR IRON ORE ROYALTY TR 504904103 CA5049041034 LIF-U CN
LIQUOR STORES INCOME FUND 536345200 CA5363452007 LIQ-U CN
LIVINGSTON INTERNATIONAL-UTS 538672106 CA5386721065 LIV-U CN
MACQUARIE POWER & INFRASTRUC 556084101 CA5560841010 MPT-U CN
MEDICAL FACILITIES CORP-IPS 58457V206 CA58457V2066 DR-U CN
MORGUARD REAL ESTATE-TR UTS 617914106 CA6179141065 MRT-U CN
MORNEAU SOBECO INCOME FUND 61767T101 CA61767T1012 MSI-U CN
MULLEN GROUP INCOME FUND 625281100 CA6252811006 MTL-U CN
NAL OIL & GAS TRUST-UTS 628949109 CA6289491095 NAE-U CN
NEW FLYER INDUSTRIES INC-IDS 64438R306 CA64438R3062 NFI-U CN
NORANDA INCOME FUND 655432102 CA6554321027 NIF-U CN
NORTH WEST COMPANY FUND 662906106 CA6629061061 NWF-U CN
NORTHERN PROPERTY REAL ESTAT 665624102 CA6656241024 NPR-U CN
NORTHLAND POWER INCOME TR UT 666910104 CA6669101041 NPI-U CN
PARAMOUNT ENERGY TRUST 699219101 CA6992191016 PMT-U CN
PARKLAND INCOME FUND 70137Q101 CA70137Q1019 PKI-U CN
PEMBINA PIPELINE INC-TR UTS 706329109 CA7063291099 PIF-U CN
PENGROWTH ENERGY TRUST 706902509 CA7069025095 PGF-U CN
PENN WEST ENERGY TRUST 707885109 CA7078851093 PWT-U CN
PEYTO ENERGY TRUST 717045108 CA7170451081 PEY-U CN
PHOENIX TECHNOLOGY INCOME FU 71915R105 CA71915R1055 PHX-U CN
PIZZA PIZZA ROYALTY INCOME F 725852107 CA7258521078 PZA-U CN
PRECISION DRILLING TRUST 740215108 CA7402151087 PD-U CN
PREMIUM BRANDS INCOME FUND 74060L105 CA74060L1058 PBI-U CN
PRIMARIS RETAIL REAL ESTATE 74157U109 CA74157U1093 PMZ-U CN
PROVIDENT ENERGY TRUST-UTS 74386K104 CA74386K1049 PVE-U CN
RIOCAN REAL ESTATE INVST TR 766910103 CA7669101031 REI-U CN
ROGERS SUGAR INC FD-TR UTS 774910103 CA7749101035 RSI-U CN
STUDENT TRANS OF AMERICA-IPS 86387Y206 CA86387Y2069 STB-U CN
TIMBERWEST FOREST CRP- STP U 887147205 CA8871472053 TWF-U CN
TOTAL ENERGY SERVICES TRUST 891503104 CA8915031048 TOT-U CN
TRILOGY ENERGY TRUST 89619Y101 CA89619Y1016 TET-U CN
VERMILION ENERGY TRUST 923728109 CA9237281097 VET-U CN
VICWEST INCOME FUND 92647T102 CA92647T1021 VIC-U CN
WAJAX INCOME FUND 930787106 CA9307871066 WJX-U CN
WESTSHORE TERMINALS INC FD 960911105 CA9609111054 WTE-U CN
YELLOW PAGES INCOME FUND 985569102 CA9855691023 YLO-U CN
ZARGON ENERGY TRUST 989132105 CA9891321056 ZAR-U CN
CONVERTIBLE BONDS
Convertible Bond
Issuer (Ticker/Coupon/Maturity) CUSIP ISIN Symbol
ADDAX PETROLEUM
CORP AXCCN 3 3/4 05/31/12 EG4434528 XS0300957585 AXC CN
ADVANTAGE ENERGY
INCOME AVNUCN 8 3/4 06/30/09 00762LAH4 CA00762LAH48 AVN-U CN
ADVANTAGE ENERGY
INCOME AVNUCN 6 1/2 06/30/10 00762LAF8 CA00762LAF81 AVN-U CN
ADVANTAGE ENERGY
INCOME AVNUCN 7 3/4 12/01/11 00762LAE1 CA00762LAE17 AVN-U CN
ADVANTAGE ENERGY
INCOME AVNUCN 8 12/31/11 00762LAJ0 CA00762LAJ04 AVN-U CN
ADVANTAGE ENERGY
INCOME AVNUCN 7 1/2 10/01/09 00762LAD3 CA00762LAD34 AVN-U CN
ALGONQUIN POWER
INC FUND ALGPWR 6.2 11/30/16 015910AB8 CA015910AB89 APF-U CN
ALGONQUIN POWER
INC FUND ALGPWR 6.65 07/31/11 015910AA0 CA015910AA07 APF-U CN
ARTIS REAL ESTATE AXCN 7 3/4 08/04/10 04315LAA3 CA04315LAA31 AX-U CN
ARTIS REAL ESTATE AXCN 6 1/4 05/31/13 04315LAC9 CA04315LAC96 AX-U CN
ARTIS REAL ESTATE AXCN 7 1/2 11/09/10 960196AB9 CA960196AB99 AX-U CN
ATLANTIC POWER
CORP ATPCN 6 1/4 10/31/11 04878QAH6 CA04878QAH61 ATP-U CN
BAYTEX ENERGY LTD BTE 6 1/2 12/31/10 073176AA7 CA073176AA70 BTE-U CN
BONAVISTA ENERGY
TRUST BNPUCN 6 3/4 06/30/10 098536AB1 CA098536AB14 BNP-U CN
BONAVISTA ENERGY
TRUST BNPUCN 7 1/2 06/30/09 098536AA3 CA098536AA31 BNP-U CN
CALLOWAY REIT CWTCN 6.65 06/30/13 131253AD8 CA131253AD87 CWT-U CN
CALLOWAY REIT CWTCN 6 06/30/14 131253AA4 CA131253AA49 CWT-U CN
CHARTWELL SR
HSNG REIT CSH 6 12/01/11 16140UAA8 CA16140UAA84 CSH-U CN
CHARTWELL SR
HSNG REIT CSH 5.9 05/01/12 16140UAB6 CA16140UAB67 CSH-U CN
CINEPLEX GALAXY
INC FUND CGXCN 6 12/31/12 172453AA0 CA172453AA09 CGX-U CN
COLABOR INCOME
FUND CLBCN 7 12/31/11 192668AA9 CA192668AA99 CLB-U CN
COMINAR REIT CUFCN 5.8 09/30/14 199910AD2 CA199910AD22 CUF-U CN
COMINAR REIT CUFCN 5.7 06/30/14 199910AB6 CA199910AB65 CUF-U CN
COMINAR REIT CUFCN 6.3 06/30/14 199910AA8 CA199910AA82 CUF-U CN
CROMBIE REAL
ESTATE INVE CRRCN 7 03/20/13 227107AA7 CA227107AA76 CRR-U CN
DAYLIGHT
RESOURCES TRUST DAYCN 10 12/31/13 239600AE9 CA239600AE95 DAY-U CN
DAYLIGHT
RESOURCES TRUST DAYCN 8 1/2 12/01/09 239600AA7 CA239600AA73 DAY-U CN
DAYLIGHT
RESOURCES TRUST DAYCN 8 1/2 10/31/12 239600AB5 CA239600AB56 DAY-U CN
DUNDEE REIT DNDEE 6 12/31/14 265270AD0 CA265270AD09 D-U CN
DUNDEE REIT DNDEE 5.7 03/31/15 265270AB4 CA265270AB43 D-U CN
DUNDEE REIT DNDEE 6 1/2 06/30/14 265270AA6 CA265270AA69 D-U CN
EXTENDICARE REAL
EASTATE EXECN 5.7 06/30/14 302251AA1 CA302251AA14 EXE-U CN
EXTENDICARE REAL
EASTATE EXECN 7 1/4 06/30/13 302251AB9 CA302251AB96 EXE-U CN
FAIRBORNE ENERGY
LTD FELCN 6 1/2 12/31/11 303623AA0 CA303623AA05 FEL CN
FIRST CAPITAL
REALTY INC FCRCN 5 1/2 09/30/17 31943BAH3 CA31943BAH39 FCR CN
FORT CHICAGO ENER
PARTNR FCEUCN 6 3/4 12/31/10 346921AB5 CA346921AB51 FCE-U CN
H&R REAL ESTATE
INVESTME HRCN 6.65 06/30/13 403925AA8 CA403925AA81 HR-U CN
HARVEST ENERGY
TRUST HTECN 7 1/4 09/30/13 41752XAH4 CA41752XAH40 HTE-U CN
HARVEST ENERGY
TRUST HTECN 6.4 10/31/12 41752XAF8 CA41752XAF83 HTE-U CN
HARVEST ENERGY
TRUST HTECN 6 1/2 12/31/10 41752XAD3 CA41752XAD36 HTE-U CN
HARVEST ENERGY
TRUST HTECN 7 1/2 05/31/15 41752XAK7 CA41752XAK78 HTE-U CN
HARVEST ENERGY
TRUST HTECN 7 1/4 02/28/14 41752XAJ0 CA41752XAJ06 HTE-U CN
HARVEST ENERGY
TRUST HTECN 8 09/30/09 41752XAB7 CA41752XAB79 HTE-U CN
HARVEST ENERGY
TRUST HTECN 9 05/31/09 41752XAA9 CA41752XAA96 HTE-U CN
INNVEST REAL
ESTATE INV INNUCN 5.85 08/01/14 45771TAE8 CA45771TAE88 INN-U CN
INNVEST REAL
ESTATE INV INNUCN 6 1/4 04/15/11 45771TAB4 CA45771TAB40 INN-U CN
INNVEST REAL
ESTATE INV INNUCN 6 05/31/13 45771TAD0 CA45771TAD06 INN-U CN
KEYERA
FACILITIES
INCOME KEYU 8 1/4 12/31/13 493272AB4 CA493272AB49 KEY-U CN
KEYERA
FACILITIES
INCOME KEYU 6 3/4 06/30/11 493272AA6 CA493272AA65 KEY-U CN
LIQUOR STORES
INCOME LIQCN 6 3/4 12/31/12 536345AA9 CA536345AA98 LIQ-U CN
MACQUARIE
POWER & INFRAS MPTUCN 6 3/4 12/31/10 556084AA9 CA556084AA91 MPT-U CN
NAL OIL & GAS
TRUST NAEUCN 6 3/4 08/31/12 628949AA7 CA628949AA77 NAE-U CN
NORTHLAND POWER
INC FUND NORPOW 6 1/2 06/30/11 666910AA2 CA666910AA23 NPI-U CN
PARAMOUNT ENERGY
TRUST PMTCN 6 1/4 06/30/10 699219AC5 CA699219AC53 PMT-U CN
PARAMOUNT ENERGY
TRUST PMTCN 8 09/30/09 699219AA9 CA699219AA97 PMT-U CN
PARAMOUNT ENERGY
TRUST PMTCN 6 1/4 04/30/11 699219AE1 CA699219AE10 PMT-U CN
PARAMOUNT ENERGY
TRUST PMTCN 6 1/2 06/30/12 699219AF8 CA699219AF84 PMT-U CN
PEMBINA PIPELINE
INCOME PIFCN 7.35 12/31/10 706329AC3 CA706329AC38 PIF-U CN
PENGROWTH ENERGY
TRUST PGFUCN 6 1/2 12/31/10 706902AA1 CA706902AA19 PGF-U CN
PENN WEST ENERGY
TRUST PWTUCN 8 06/30/10 707885AA7 CA707885AA75 PWT-U CN
PENN WEST ENERGY
TRUST PWTUCN 7.2 05/31/11 707885AB5 CA707885AB58 PWT-U CN
PENN WEST ENERGY
TRUST PWTUCN 6 1/2 12/31/11 707885AF6 CA707885AF62 PWT-U CN
PENN WEST ENERGY
TRUST PWTUCN 6 1/2 07/31/10 707885AE9 CA707885AE97 PWT-U CN
PENN WEST ENERGY
TRUST PWTUCN 8 08/31/09 707885AD1 CA707885AD15 PWT-U CN
PRIMARIS RETAIL
REIT PMZCN 6 3/4 06/30/14 74157UAA7 CA74157UAA75 PMZ-U CN
PRIMARIS RETAIL
REIT PMZCN 5.85 08/01/14 74157UAC3 CA74157UAC32 PMZ-U CN
PRISZM INCOME
FUND QSRCN 6 1/2 06/30/12 74270LAA9 CA74270LAA94 NPI-U CN
PROGRESS ENERGY
RESOURCE PRQCN 6 1/4 09/30/11 74326YAB3 CA74326YAB35 PRQ CN
PROGRESS ENERGY
RESOURCE PRQCN 6 3/4 06/30/10 74326YAA5 CA74326YAA51 PRQ CN
PROVIDENT ENERGY
TRUST PVEUCN 6 1/2 04/30/11 74386KAE4 CA74386KAE43 PVE-U CN
PROVIDENT ENERGY
TRUST PVEUCN 6 1/2 08/31/12 74386KAD6 CA74386KAD69 PVE-U CN
PROVIDENT ENERGY
TRUST PVEUCN 8 07/31/09 74386KAC8 CA74386KAC86 PVE-U CN
ROGERS SUGAR
INCOME FUND RSICN 5.9 06/29/13 774910AE3 CA774910AE39 RSI-U CN
ROGERS SUGAR
INCOME FUND RSICN 6 06/29/12 774910AC7 CA774910AC72 RSI-U CN
SUPERIOR PLUS
CORP SPBCN 5.85 10/31/15 86828PAB9 CA86828PAB90 SPB CN
SUPERIOR PLUS
CORP SPBCN 5 3/4 12/31/12 86828PAA1 CA86828PAA18 SPB CN
URANIUM ONE INC UUUCN 4 1/4 12/31/11 91701PAA3 CA91701PAA36 UUU CN
YPG HOLDINGS INC YLOUCN 5 1/2 08/01/11 984246AC2 CA984246AC23 YLO-U CNAs set forth in the Preliminary Prospectus, the number of Units issuable
in exchange for the securities of an Exchange Eligible Issuer (the "Exchange
Ratio") deposited by a prospective purchaser pursuant to the Exchange Option
will be determined for (i) income trusts and dividend-paying equity securities
by dividing the volume weighted average trading price of such securities on
the Toronto Stock Exchange (the "TSX") during the five consecutive trading
days ending on April 24, 2009 (the "Pricing Period"), as adjusted to reflect
distributions declared by any Exchange Eligible Issuer that will not be
received by the Fund, by $12.00 and (ii) for convertible bonds, for each
$1,000 principal amount of convertible bonds, by dividing the volume weighted
average trading price for such principal amount of convertible bonds on the
TSX during the Pricing Period, plus accrued interest and calculated in
accordance with market practice, to, but not including, the Closing Date (as
defined herein), by $12.00. The final prospectus of the Fund will contain the
Exchange Ratio for the securities of each Exchange Eligible Issuer.
Prospective purchasers intending to utilize the Exchange Option must
deposit the securities of the Exchange Eligible Issuer with Computershare
Investor Services Inc. through CDS Clearing and Depository Services Inc. by
5:00 p.m. on April 24, 2009. Brokers and dealers may have an earlier deadline
for accepting instructions to effect a deposit.The Fund's investment objectives are:
1. to maximize total return for holders of Trust Units ("Unitholders"),
consisting of interest and dividend income and capital appreciation;
and
2. to provide Unitholders with monthly distributions initially targeted
to be $0.09 per Trust Unit ($1.08 per annum representing an annual
cash distribution of 9.0% based on the $12.00 per Unit issue price).The Fund has been created to invest in an actively managed portfolio
comprised primarily of publicly-traded securities of mid and large-cap issuers
domiciled in Canada providing investors with both income and potential for
capital appreciation. The Fund will invest primarily in corporate bonds,
convertible debt securities, preferred shares, as well as income trust units
and dividend-paying equity securities of such issuers. The Manager has
appointed Stanton Asset Management Inc. ("Stanton") to provide investment
advisory services to the Fund. Stanton will work with Savtrev Inc. ("O'Leary")
to identify securities providing income and the potential for capital
appreciation.
The Fund is an investment trust governed by the laws of the Province of
Ontario which proposes to issue units (the "Units") of the Fund (the
"Offering") at a price of $12.00 per Unit. Each Unit consists of one
transferable trust unit ("Trust Unit") and one Trust Unit purchase warrant
("Warrant"). The Units will separate into Trust Units and Warrants upon the
earlier of the closing of the Over-Allotment Option and the 30th day following
the closing of the Offering. Each Warrant entitles the holder to purchase one
Trust Unit at a subscription price of $12.00 on or before 5:00 p.m. (Toronto
time) on November 30, 2010 (the "Warrant Expiry Time"). Warrants not exercised
by the Warrant Expiry Time will be void and of no value.
The syndicate of agents is co-led by CIBC World Markets Inc. and RBC
Capital Markets and includes BMO Capital Markets, National Bank Financial
Inc., Scotia Capital Inc., Blackmont Capital Inc., HSBC Securities (Canada)
Inc., Raymond James Ltd., Canaccord Capital Corporation, Dundee Securities
Corporation and Wellington West Capital Markets Inc.
Certain statements included in this news release constitute
forward-looking statements, including, but not limited to, those identified by
the expressions "expect", "intend", "will" and similar expressions to the
extent they relate to the Fund. The forward-looking statements are not
historical facts but reflect O'Leary Funds LP'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. Although O'Leary Funds LP
believes that the assumptions inherent in the forward-looking statements are
reasonable, forward-looking statements are not guarantees of future
performance and, accordingly, readers are cautioned not to place undue
reliance on such statements due to the inherent uncertainty therein. O'Leary
Funds LP 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.
A preliminary prospectus dated April 3, 2009 containing important
information relating to these securities has been filed with securities
commissions or similar authorities in certain jurisdictions of Canada. The
preliminary prospectus is still subject to completion or amendment. Copies of
the preliminary prospectus may be obtained from any of the Agents. There will
not be any sale or any acceptance of an offer to buy the securities until a
receipt for the final prospectus has been issued.
All capitalized terms noted herein but not defined are as per the
preliminary prospectus dated April 3, 2009.
For further information: For media inquiries or additional information:
please contact Alexander Price at O'Leary Funds at aprice@olearyfunds.com or
at 877-849-2004x226; or for additional information: please contact your IDA
registered financial advisor
