Business & Finance
Business and Finance
Business and Finance
Mon, January 24, 2011 DundeeWealth® Announces Mailing of Prospectus of Dundee Capital Markets Inc.
TORONTO, Jan. 24 /CNW/ - DundeeWealth Inc. ("DundeeWealth" or the "Company") (TSX: DW) today announced that, in connection with the previously announced special dividend of common shares of Dundee Capital Markets Inc. ("DCM"), a long form non-offering prospectus of DCM dated January 21, 2011 is being mailed to shareholders of DundeeWealth.
A copy of the prospectus may also be obtained on SEDAR at [ www.sedar.com ] under the profile of DCM.
The prospectus contains detailed information regarding DCM, including its business, assets and liabilities. Shareholders of DundeeWealth are strongly encouraged to read the prospectus, including all of its appendices, carefully and in its entirety since it contains important information regarding the investment they will hold in DCM following payment of the special dividend. As previously announced, the special dividend will entitle:
- holders of common shares and special shares of DundeeWealth to receive one common share of DCM for each share they hold; and
- holders of first preference shares, series X of DundeeWealth to receive 0.83 of a DCM common share for each first preference share, series X they hold.
The special dividend is expected to be paid on or about January 31, 2011 to shareholders of record on January 28, 2011 on the basis that all required regulatory approvals will have been obtained.
About DundeeWealth Inc.
DundeeWealth is a Canadian owned, independent wealth management company that currently oversees $83.3 billion in fee earning assets. It provides diversified wealth management and investment solutions including alternative and tax-advantaged products, capital markets and advisory services to financial advisors, institutions, corporations and foundations, and innovative wealth management through independent financial advisors across Canada. Its award winning investment brand, Dynamic Funds®, managed by Goodman & Company, Investment Counsel Ltd., is also available outside of Canada through distribution platforms in Europe and the United States. DundeeWealth is listed on the Toronto Stock Exchange (TSX: DW).
