Securityholders of CMP 2023 Resource Limited Partnership and Dundee Resource Class Approve Change of Manager
TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) — Goodman & Company, Investment Counsel Inc. announced today that in a special meeting, securityholders of CMP 2023 Resource Limited Partnership and Dundee Resource Class (referred to as DRC) made a significant decision. At this meeting, which was held to discuss the future management of these funds, a large majority of securityholders voted in favor of changing the management team. This decision allows for a shift in management from Goodman & Company, Investment Counsel Inc. (referred to as GCIC) to Next Edge Capital Corp. (referred to as Next Edge).
The move comes as part of GCIC's previously announced plan to sell its investment management business to Next Edge. The details of this transition were outlined in a joint management proxy circular issued on October 25, 2024, known as the Circular.
Voting Results
During the special meeting, securityholders expressed their preferences through voting. The results were overwhelmingly positive:
Voting Results for Unitholders of CMP 2023 Resource Limited Partnership | ||
Outcome | % Votes For | % Votes Against |
Approved | 100% | 0% |
Voting Results for Shareholders of Dundee Resource Class | ||
Outcome | % Votes For | % Votes Against |
Approved | 99.20% | 0.80% |
These results indicate a strong support from both groups of securityholders for the management change.
Next Steps for Securityholders
For those interested in more information regarding this management transition, further details can be found in the Circular. The change in management aims to enhance the management of both the CMP 2023 Resource Limited Partnership and Dundee Resource Class, aligning it with the future strategic direction expected under Next Edge's leadership.
About Goodman & Company, Investment Counsel Inc.
Goodman & Company, Investment Counsel Inc. is recognized as a registered portfolio manager and exempt market dealer throughout Canada. Additionally, they are registered as an investment fund manager in Ontario, Quebec, and Newfoundland and Labrador. For more information, securityholders can contact their Customer Relations Centre at 1.866.694.5672 or visit goodmanandcompany.com.
securityholders, management, vote