First Asset Energy & Resource Fund Announces Termination and Final Valuation

/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/

TORONTO, Aug. 1, 2017 /CNW/ - Further to its announcement on June 2, 2017, First Asset (I) General Partner Inc. (the "General Partner"), the general partner of First Asset Energy & Resource Fund (TSX: TRF.UN) (the "Fund"), announces that the Fund's units were delisted from the Toronto Stock Exchange, and the Fund was terminated, on July 31, 2017 (the "Termination Date"). 

The Fund's final net asset value per unit was $15.7407.

For those Limited Partners who hold their units through a participant in CDS Clearing and Depository Services Inc. ("CDS"), the termination proceeds will be remitted on or about August 4, 2017 to the beneficial holders of such units through CDS.

For those Limited Partners who hold unit certificates of the Fund, or of "Triax Resource Limited Partnership" (the Fund's former name), those certificates will become null and void effective on the Termination Date.  The termination proceeds will be remitted on or about August 4, 2017 to the Fund's registrar and transfer agent, Computershare Trust Company of Canada ("Computershare").  Computershare will, in turn, remit such proceeds to such Limited Partners.  Termination proceeds (less any applicable withholding taxes in respect of non-residents of Canada) will be sent to each Limited Partner's address as recorded as of the Termination Date in the register of Limited Partners maintained by Computershare.

First Asset – Smart SolutionsTM
First Asset, a CI Financial Company, is a Canadian investment firm delivering a comprehensive suite of smart ETF solutions. Rooted in strong fundamentals, First Asset's smart solutions strive to deliver better risk-adjusted returns than the broad market, while helping investors achieve their personal financial goals.

TMFirst Asset and its logo are trademarks of First Asset Capital Corp., a wholly-owned subsidiary of CI Financial Corp. which is listed on the Toronto Stock Exchange under the symbol "CIX".  ®CI FINANCIAL is a registered trademark of CI Investments Inc., used under license.

SOURCE First Asset

For further information: please call Investor Relations, First Asset at 416-642-1289 or 1‐877‐642‐1289 or visit www.firstasset.com


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