TORONTO, March 6 /CNW/ - Cumberland Private Wealth Management Inc.
("Cumberland") announced on March 6, 2007 that it acquired an additional
215,600 income participating securities ("Keystone IPSs") of Keystone North
America Inc. ("Keystone"). As a result of the acquisition of such Keystone
IPSs, as at the close of business on March 5, 2007, Cumberland owns or
controls an aggregate of 2,961,385 Keystone IPSs representing approximately
15.78% of the issued and outstanding Keystone IPSs (as provided by Keystone).
Cumberland has also committed to purchase 410,000 Keystone IPSs of a
total 4,300,000 Keystone IPSs being offered by Keystone as a part of a new
offering of Keystone IPSs scheduled to close on or about March 13, 2007.
The Keystone IPSs were purchased by Cumberland through the facilities of
the Toronto Stock Exchange. Cumberland acquired the securities for investment
purposes and may, depending on market and other conditions, increase or
decrease its beneficial ownership, control or direction over the Keystone IPSs
or other securities of Keystone through market transactions, private
agreements or otherwise.
The issuance of this press release is not an admission that any of the
managed accounts named in this report having ownership of the subject
securities are joint actors with the offeror or with any other managed
For further information:
For further information: Sinc McEvenue, Cumberland Private Wealth
Management Inc., 99 Yorkville Ave., Ste. 300, Toronto, ON, M5R 3K5, (416)