Latest news with #DeclarationofTrust
Yahoo
2 days ago
- Business
- Yahoo
Next Edge Capital Corp. Announces Fund Terminations
TORONTO, June 6, 2025 /CNW/ - Next Edge Capital Corp. ("Next Edge"), in its capacity as the Manager of the Next Edge Biotech and Life Sciences Opportunities Fund and Next Edge Strategic Metals and Commodities Fund (collectively the "Funds"), wishes to announce the business decision that it has made to terminate the Funds. As per the sixty (60) day notice period requirement of the Declaration of Trust of the Funds and as per National Instrument 81-102 – Investment Funds, please note that the Funds will terminate effective August 8, 2025 and the notice period will end August 5, 2025 (the "Notice Period"). As of the date of this notice, the Funds have been taken out of distribution and are closed to new investments. Unitholders of the Funds however, may redeem their units on a daily basis at any time at the prevailing Net Asset Value per Unit. If no action is taken by a Unitholder prior to the end of the Notice Period, all Units of the Funds held by that Unitholder will automatically be redeemed as of August 8, 2025 based upon the then prevailing Net Asset Value per Unit. The current prospectus of the Funds is available on the SEDAR+ (System for Electronic Document Analysis and Retrieval) website at or on the Manager's web-site at About Next Edge Capital Corp.: Next Edge is an investment fund manager and a leader in the structuring and distribution of alternative, private credit and value-added fund products in Canada. The firm is led by an experienced management team that has launched numerous investment solutions in a variety of product structures and has been responsible for raising over $3 billion of alternative assets since 2000.1 Next Edge specializes in and focuses on providing unique, non-correlated pooled investment vehicles to the Canadian marketplace. 1. Please note that over CAD $2 billion of the CAD $3 billion of alternative assets raised relates to assets that were raised at a previous firm(s). Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment services. Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. SOURCE Next Edge Capital Corp. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
2 days ago
- Business
- Cision Canada
Next Edge Capital Corp. Announces Fund Terminations
TORONTO, June 6, 2025 /CNW/ - Next Edge Capital Corp. ("Next Edge"), in its capacity as the Manager of the Next Edge Biotech and Life Sciences Opportunities Fund and Next Edge Strategic Metals and Commodities Fund (collectively the "Funds"), wishes to announce the business decision that it has made to terminate the Funds. As per the sixty (60) day notice period requirement of the Declaration of Trust of the Funds and as per National Instrument 81-102 – Investment Funds, please note that the Funds will terminate effective August 8, 2025 and the notice period will end August 5, 2025 (the " Notice Period"). As of the date of this notice, the Funds have been taken out of distribution and are closed to new investments. Unitholders of the Funds however, may redeem their units on a daily basis at any time at the prevailing Net Asset Value per Unit. If no action is taken by a Unitholder prior to the end of the Notice Period, all Units of the Funds held by that Unitholder will automatically be redeemed as of August 8, 2025 based upon the then prevailing Net Asset Value per Unit. The current prospectus of the Funds is available on the SEDAR+ (System for Electronic Document Analysis and Retrieval) website at or on the Manager's web-site at About Next Edge Capital Corp.: Next Edge is an investment fund manager and a leader in the structuring and distribution of alternative, private credit and value-added fund products in Canada. The firm is led by an experienced management team that has launched numerous investment solutions in a variety of product structures and has been responsible for raising over $3 billion of alternative assets since 2000. 1 Next Edge specializes in and focuses on providing unique, non-correlated pooled investment vehicles to the Canadian marketplace. 1. Please note that over CAD $2 billion of the CAD $3 billion of alternative assets raised relates to assets that were raised at a previous firm(s). Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.
Yahoo
23-05-2025
- Business
- Yahoo
MINT Income Fund Announces Normal Course Issuer Bid
TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- MINT Income Fund (the 'Fund') (TSX: announced that it has filed a notice with the Toronto Stock Exchange (the 'TSX') and received its approval to make a normal course issuer bid ('NCIB'). Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX and Alternative Canadian Trading Systems. This NCIB will commence on May 27, 2025 and will terminate on May 26, 2026. In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund. The Fund had 10,052,580 units issued and outstanding as at May 13, 2025, including 10,031,982 units in the public float. The Fund may, during the 12 month period commencing May 27, 2025 purchase on the TSX up to 1,003,198 units, being 10% of the public float and may not, in any 30 day period, purchase more than 201,051 units, being 2% of the units issued and outstanding. The Fund will hold in treasury for resale all units purchased pursuant to the bid. As at May 13, 2025 the Fund had purchased 18,700 units on the TSX and Alternative Canadian Trading Systems at an average price of $6.96 per unit under its previously approved normal course issuer bid. The Fund had the ability to purchase up to 1,089,755 units under its last NCIB. The manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds. The Fund trades on the Toronto Stock Exchange under the symbol ' For further information visit our website at or contact the undersigned: Nancy Tham Managing Director, Sales and Marketing (416) 847-5349 May 23, 2025 This press release may contain forward-looking information, including with respect to future purchases of Units by the Fund. The forward-looking information contained in this press release constitutes current expectations, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents an estimate as of any date other than the date of this press release.
Cision Canada
09-05-2025
- Business
- Cision Canada
Morguard North American Residential Real Estate Investment Trust Announces Voting Results from the 2025 Annual Meeting of Unitholders
MISSISSAUGA, ON, May 9, 2025 /CNW/ - Morguard North American Residential Real Estate Investment Trust (the "REIT") (TSX: today announced the results of matters voted on at its annual unitholders' meeting held on May 7, 2025 (the "Meeting"), which included the election of trustees of the REIT, all of the nominees listed in its management information circular dated March 14, 2025. The voting results for each of the matters presented at the Meeting are presented below. The total number of units and special voting units represented by holders present in person or by proxy at the meeting was 34,209,362 representing 64.13% of the REIT's total outstanding units and special voting units. 1. Election of Trustees The eight (8) nominees proposed by management were elected as trustees of the REIT to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the REIT's Declaration of Trust. Proxies were received on this matter for units and special voting units of the REIT as follows: 2. Appointment of Auditors The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the REIT to hold office until the close of the next annual meeting of the unitholders or until their successors are duly appointed, and to authorize the trustees to fix the remuneration of the auditor. Proxies were received on this matter for units and special voting units of the REIT as follows: About Morguard North American Residential REIT The REIT is an unincorporated, open-ended real estate investment trust which owns, through a limited partnership, interests in Canadian residential apartment communities, located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland. SOURCE Morguard North American Residential Real Estate Investment Trust
Cision Canada
09-05-2025
- Business
- Cision Canada
Morguard Real Estate Investment Trust Announces Voting Results from the 2025 Annual Meeting of Unitholders
MISSISSAUGA, ON, May 9, 2025 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX: today announced the results of matters voted on at its annual unitholders' meeting held on May 7, 2025 (the "Meeting"), which included the election of trustees of the Trust, all of the nominees listed in its management information circular dated March 14, 2025. The voting results for each of the matters presented at the Meeting are presented below. The total number of units represented by unitholders present in person or by proxy at the meeting was 56,010,819 representing 86.69% of the Trust's outstanding units. 1. Election of Trustees The seven (7) nominees proposed by management were elected as trustees of the Trust to hold office until the termination of the next annual meeting of unitholders or until their successors are duly elected or appointed, subject to the provisions of the Trust's Declaration of Trust. Proxies were received on this matter as follows: 2. Appointment of Auditors The firm of Ernst & Young LLP, chartered accountants, was appointed as auditor of the Trust to hold office until the close of the next annual meeting of the unitholders or until their successors are duly appointed, and to authorize the trustees to fix the remuneration of the auditor. Proxies were received on this matter as follows: Votes For % Votes Withheld % 55,922,360 99.84 86,859 0.16 About Morguard Real Estate Investment Trust The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 45 high quality retail, office and industrial income producing properties in Canada consisting of approximately 8.1 million square feet of leasable space. For more information, please visit SOURCE Morguard Real Estate Investment Trust
