Announcement - Northern Precious Metals 2008 Limited Partnership

    TORONTO, Oct. 3 /CNW/ - Jean-Guy Masse, the president of Northern
Precious Metals 2008 Inc. (the General Partner) of Northern Precious Metals
2008 Limited Partnership (the Partnership) is pleased to announce that the
partnership has entered into a Transfer Agreement with JovFunds Management
Inc. (the Manager) and Jov Corporate Funds Ltd. (the Mutual Fund).
    Under the terms of the Agreement, Limited Partners of the Partnership
shall be able to transfer their Partnership interest for shares of the Mutual
Fund. The transfer shall occur no later than July 1, 2010 and shall be for
that number of Mutual Fund shares that equal the Net Asset Value of the
Partnership at that time. Pursuant to the Income Tax Act (Canada), this
transfer will be on a tax free basis.

    %SEDAR: 00026519E

For further information:

For further information: on the Partnership or the Mutual Fund, go to or Should you have any questions, please
write to

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