HALIFAX, Jan. 8 /CNW/ - SEAMARK Asset Management Ltd. ("SEAMARK") is pleased to announce that at a Special Meeting of Shareholders held earlier today the special resolution approving a plan of arrangement among SEAMARK, Matrix Asset Management Inc. ("Matrix") and Growth Works Ltd. ("GrowthWorks") and the resolution approving the issuance of common shares of Matrix to shareholders of GrowthWorks were both passed with the approval of 97.3% of shares voted. A tabulation of the final results will be filed on www.sedar.com.
Pending court and regulatory approval, the business combination between SEAMARK, GrowthWorks, and Matrix is expected to close on January 15, 2010 (the "Effective Date"). Pending approval of the Toronto Stock Exchange ("TSX"), common shares of Matrix are expected to begin trading on the TSX on the Effective Date.
This release contains forward-looking statements. Forward-looking statements are given only as at the date of this release and SEAMARK disclaims any obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
SEAMARK (TSX:SM) provides investment management services across Canada to institutional clients, mutual funds, private clients, and the managed portfolio advisory programs (wrap programs) of many of Canada's leading investment dealers.
SOURCE SEAMARK ASSET MANAGEMENT LTD.
For further information: For further information: Jill McKim, Corporate Secretary, SEAMARK Asset Management Ltd., (902) 423-9367