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TORONTO, May 15, 2017 /CNW/ - Cymbria Corporation (TSX: CYB) ("Cymbria") announced today that with the assistance of an independent valuator and the Valuation Committee, the value of Cymbria's investment in EdgePoint Wealth Management Inc. ("EdgePoint") has been increased from $110,327,037 to $151,878,960. It is expected this will result in an increase to Cymbria's A share NAV of approximately 4.5% or $1.77 per share.
After the revaluation, EdgePoint will represent approximately 15.8% of Cymbria's Portfolio.
ABOUT CYMBRIA CORPORATION
Cymbria's investment objective is to provide shareholders with long-term capital appreciation through an actively managed portfolio comprised primarily of global equities and an investment in EdgePoint Wealth Management Inc. Cymbria began trading on the TSX on November 4, 2008 under the symbol CYB.
SOURCE Cymbria Corporation
For further information: Patrick Farmer at 416.963.9353 or firstname.lastname@example.org.