TORONTO, April 8 /CNW/ - Canada Dominion Resources 2010 Limited Partnership (the "Partnership"), managed by Goodman & Company, Investment Counsel Ltd. and sub-advised by UTA Asset Management Corp. as well as Ned Goodman Investment Counsel Limited (formerly, Ravensden Asset Management Inc.), announces the completion of its initial public offering of limited partnership units ("Units") pursuant to which 1,472,028 Units were issued for gross proceeds of $36,800,700. The offering was made available in all provinces and territories in Canada.
The offering was made through a syndicate of agents led by RBC Capital Markets, CIBC and Dundee Securities Corporation, and included National Bank Financial Inc., BMO Capital Markets, Scotia Capital Inc., TD Securities Inc., Canaccord Financial Ltd., HSBC Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd., Manulife Securities Incorporated, Raymond James Ltd., Desjardins Securities Inc. and Wellington West Capital Markets Inc.
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 over $1.2 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(TM), form Canada's largest flow-through platform, raising a combined total of approximately $3.8 billion in assets throughout their history.
Goodman & Company, Investment Counsel Ltd. ("Goodman & Company") is a leading Canadian asset management company tracing its roots back more than 50 years. It offers a wide range of wealth management solutions through financial advisors. These include the mutual funds, hedge funds and closed-end investment trusts of Dynamic Funds(R), the portfolio solutions of the Marquis Investment Program, the flow-through limited partnerships of CMP(TM) and Canada Dominion and the high-net worth investment counsel of Goodman Private Wealth Management. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).
UTA Asset Management Corp. is a Calgary-based portfolio manager and sub-advisor providing advice in respect of resource companies in the oil and gas sector and is led by Dean Prodan.
Ned Goodman Investment Counsel Limited (formerly, Ravensden Asset Management Inc.) ("NGIC") is a wholly owned subsidiary of Dundee Corporation and is led by Ned Goodman, CFA, utilizing a team of resource specialists at Dundee Resources Limited. NGIC acts as a sub-advisor to certain investment funds and limited partnerships established by DundeeWealth Inc. In addition, NGIC provides investment advice to Goodman Private Wealth Management, a provider of investment programs for high net worth clients.
SOURCE GOODMAN & COMPANY, INVESTMENT COUNSEL LTD.
For further information: For further information: Customer Relations Centre, Goodman & Company, Investment Counsel Ltd., 1-800-268-8186 or www.canadadominion.com; Myra Reisler, Media Relations, (416) 365-5370