TORONTO, Jan. 21 /CNW/ - CMP 2011 Resource Limited Partnership (the
"Partnership") announces that it has issued 125,000 limited partnership
units (the "Units") pursuant to its initial public offering at $1,000
per Unit for gross proceeds of $125,000,000.
The offering was made through a syndicate of agents, which was led by
Dundee Securities Corporation, CIBC World Markets Inc. and RBC Dominion
Securities Inc. and included BMO Nesbitt Burns Inc., National Bank
Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord
Genuity Corp., Desjardins Securities Inc., GMP Securities L.P., HSBC
Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd.,
Raymond James Ltd. and Wellington West Capital Markets Inc.
CMP™ is a pioneer in flow-through investing, with a history dating back
to when flow-through shares were first introduced by the federal
government. Since its creation in 1984, CMP has successfully raised and
invested over $2.7 billion in companies active in exploration and
development efforts across Canada. When combined with the flow-through
limited partnerships of Canada Dominion, the two form the largest
flow-through investing platform in Canada, raising a combined total of
more than $3.9 billion in assets throughout their history.
About Goodman & Company
Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"),
manager of the Partnership, the flow-through limited partnerships of
CMP and Canada Dominion and the seven classes of mutual fund shares
within Dynamic Managed Portfolios Ltd., is a leading Canadian asset
management company tracing its roots back more than 50 years. It offers
a wide range of wealth management solutions through financial advisors.
These include the mutual funds and hedge funds of Dynamic Funds®, the
portfolio solutions of the Marquis Investment Program, the flow-through
limited partnerships of CMP and Canada Dominion and the high-net worth
wealth management of DundeeWealth Investment Counsel (formerly, Goodman
Private Wealth Management). Goodman & Company is a wholly owned
subsidiary of DundeeWealth Inc. (TSX: DW).
About the Sub-Advisors
Ned Goodman Investment Counsel Limited (formerly, Ravensden Asset
Management Inc.) ("NGIC") is a wholly owned subsidiary of Dundee
Corporation and is led by Ned Goodman, CFA, utilizing a team of
resource specialists at Dundee Resources Limited. NGIC acts as a
sub-advisor to the Partnership and certain investment funds and limited
partnerships established by DundeeWealth Inc.
UTA Asset Management Corp. is a Calgary-based portfolio manager and
sub-advisor providing advice to the Partnership in respect of resource
companies in the oil and gas sector and is led by Dean Prodan.
For further information:
contact our Customer Relations Centre at 1.800.268.8186 or visit www.cmpfunds.ca. For media inquiries, contact Myra Reisler at 416.365.5370.