TSX Symbol: TCP, TCP.WT
TORONTO, March 1 /CNW/ - Trident Performance Corp. (the "Corporation") announced today that its Class A Warrantholders have approved the adoption of the previously announced one-time mandatory market purchase program for Class A Warrants. Under the mandatory market purchase program, the Corporation will be required to seek to purchase Class A Warrants through the facilities of the Toronto Stock Exchange on each day that the number of outstanding Class A Warrants exceeds the number of outstanding Class A Shares of the Corporation, commencing on March 2, 2010 up to June 30, 2010. The maximum purchase price payable by the Corporation under the mandatory market purchase is the diluted Net Asset Value per Class A Share in effect at the time of the purchase less $10.00.
SOURCE CI Investments Inc.
For further information: For further information: David R. McBain, Senior Vice-President, CI Investments Inc., (416) 364-1145