Trident Performance Corp. Announces Proposed Mandatory Market Purchase
Program for its Class A Warrants

TSX Symbol: TCP, TCP.WT

TORONTO, Jan. 18 /CNW/ - Trident Performance Corp. (the "Corporation") announced today that it will seek the approval of its Class A Warrantholders to add a one-time mandatory market purchase program to the warrant indenture governing the Class A Warrants. Under the mandatory market purchase program, the Corporation would be required to seek to purchase Class A Warrants through the facilities of the Toronto Stock Exchange on each day on or before June 30, 2010 that the number of outstanding Class A Warrants exceeds the number of outstanding Class A Shares of the Corporation. The maximum purchase price payable by the Corporation under the mandatory market purchase would be the diluted Net Asset Value per Class A Share in effect at the time of the purchase less $10.00.

CI Investments Inc., which is the manager of the Corporation, believes that the proposed mandatory market purchase program would be beneficial to both Class A Warrantholders and Class A Shareholders by increasing liquidity for Class A Warrantholders and potentially reducing the dilutive effect of the Class A Warrants on the Net Asset Value per Class A Share.

A meeting of the Class A Warrantholders will be held on or about March 1, 2010 (on or about March 16, 2010 if quorum is not achieved on or about March 1, 2010) to approve the amendments to the Class A warrant indenture necessary to implement the mandatory market purchase program. Class A Warrantholders of record at the close of business on January 22, 2010 will be entitled to receive notice of, and to vote at, the meeting. If approved, the mandatory market purchase program will be implemented immediately following the meeting.

The Corporation's Class A Shares and Class A Warrants are listed on the Toronto Stock Exchange under the symbols TCP and TCP.WT, respectively. The Corporation also has outstanding Class F Shares and Class F Warrants which are not part of the proposal described above.

SOURCE CI Investments Inc.

For further information: For further information: David R. McBain, Senior Vice-President, CI Investments Inc., (416) 364-1145


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