TORONTO, Oct. 19 /CNW/ - AGF Funds Inc. ("AGF") today announced that as a
result of the acquisition of 13,514,000 shares, AGF, on behalf of clients, now
has direction over:
- 23,433,100 shares (or 11.82% of the outstanding shares calculated on a
fully diluted basis) of Azure Dynamics Corporation (T.AZD).
The acquisition of these securities by AGF, on behalf of its clients, was
made in the ordinary course of business for investment purposes and was not
for the purpose of influencing the control or direction of Azure Dynamics
About AGF Management Limited
AGF Management Limited is one of Canada's premier investment management
companies with offices across Canada and subsidiaries around the world. 2007
marks AGF's 50th anniversary of providing Canadians with innovative investment
solutions across the wealth continuum. AGF's products and services include a
diversified family of more than 50 mutual funds, the evolutionary AGF Elements
portfolios, the Harmony asset management program, AGF Institutional Account
Services, private client products, and AGF Trust GICs, loans and mortgages.
With approximately $54 billion in total assets under management, AGF serves
more than one million investors. AGF trades on the Toronto Stock Exchange
under the symbol "AGF.B".
For further information:
For further information: Martin Hubbes, Executive Vice-President and
Chief Investment Officer, AGF Funds Inc., (416) 367-1900