Credit Suisse Securities (Canada), Inc. - Acquisition of common shares of NiMin Energy Corp.
TORONTO, July 10, 2012 /CNW/ - Credit Suisse Securities (Canada), Inc. ("CSSC") announces that it acquired 37,500 common shares ("Shares") of NiMin Energy Corp. ("NiMin") on July 6, 2012, which represents approximately 0.05% of the issued and outstanding Shares of NiMin. Immediately following the acquisition, CSSC held 6,999,700 Shares of NiMin, which represents approximately 10.02% of the issued and outstanding Shares of NiMin.
CSSC acquired the Shares to offset risk as part of a broader client transaction and not with the purpose of influencing the control or direction of NiMin. CSSC may in the future, subject to market conditions, make additional investments in or dispositions of NiMin's securities for purposes of managing risk.
This press release serves as public disclosure of CSSC's holding of more than 10% of the shares in a single company, in accordance with section 182.1 of the Securities Act (Alberta) and National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.
NiMin is listed on the Toronto Stock Exchange under the symbol "NNN".
Credit Suisse Securities (Canada), Inc.
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