TORONTO, Oct. 16, 2013 /CNW/ - Stornoway Portfolio Management Inc.
("Stornoway"), the manager of the Ravensource Fund (the "Fund") (TSX:
RAV.UN), announced today that BMO Nesbitt Burns Inc. was successful
in finding purchasers, in accordance to the terms of the Recirculation
Agreement announced on September 30, 2013, for all 76,700 units of the
Fund that had been previously tendered for redemption. Accordingly, no
units of the Fund were redeemed, thus a total of 1,700,470 units remain
Additional information relating to the Fund is available on its website
at www.ravensource.ca and through SEDAR at www.sedar.com. Additional information relating to Stornoway is available on its
website at www.stornowayportfolio.com.
SOURCE: Ravensource Fund
For further information:
Stornoway Portfolio Management Inc.
30 St. Clair Avenue West, Suite 901
Toronto, Ontario M4V 3A1
Attention: Scott Reid
Telephone: (416) 250-2845