VANCOUVER, Jan. 22 /CNW/ - Cypress Capital Management Limited ("Cypress")
today announced that as a result of the acquisition of 590,400 shares,
Cypress, on behalf of its clients, now has direction over:
- 4,555,214 shares (or 10.535 % of the outstanding shares calculated on
a fully diluted basis) of Cineplex Galaxy Income Fund (CGX.UN).
The acquisition of these securities by Cypress, 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 Cineplex Galaxy
Income Fund (CGX.UN).
For further information:
For further information: Dean Alexander, Chief Compliance Officer,
Cypress Capital Management Limited, (604) 659-1850