Latest news with #NextEdge
Yahoo
13 hours ago
- Business
- Yahoo
CMP 2023 Resource Limited Partnership completes rollover into CMP Next Edge Resource Class
TORONTO, June 9, 2025 /CNW/ - Next Edge Capital Corp. ("Next Edge") is pleased to announce that CMP 2023 Resource Limited Partnership ("CMP 2023") has completed the transfer of assets into CMP Next Edge Resource Corp. in exchange for shares of CMP Next Edge Resource Class. On the date of transfer, June 6, 2025, the net asset values for CMP 2023 were $726.9265 per Class A Unit and $761.8848 per Class F Unit and the net asset values for CMP Next Edge Resource Class was $7.0600 per Series A Share and $7.8296 per Series F Share. Upon the dissolution of CMP 2023, on or about June 19, 2025, shares of CMP Next Edge Resource Class will be distributed to the limited partners of CMP 2023 ("Limited Partners"). In the interim, Limited Partners can determine a value for their holdings in CMP Next Edge Resource Class by multiplying the number of Class A Units by 102.9641 and Class F Units by 97.3083 Series A and Series F Shares, respectively, of CMP Next Edge Resource Class. The net asset values per Class A Unit and Class F Unit of CMP 2023 will continue to be available on the website of Next Edge ( until the dissolution of CMP 2023. CMP Next Edge Resource Class is a class of mutual fund shares of CMP Next Edge Resource Corp. CMP Next Edge Resource Class is managed by Next Edge. The fundamental investment objective of CMP Next Edge Resource Class is to provide long-term capital appreciation by investing primarily in Canadian resource companies that offer attractive risk-reward characteristics as well as other Canadian equities that offer the potential for capital appreciation. Further information on CMP Next Edge Resource Class, including a copy of the simplified prospectus for CMP Next Edge Resource Class, can be found on SEDAR+ at under the investment fund profile of CMP Next Edge Resource Class. About CMP®CMP® is a brand with a long history having pioneered the creation of flow-through limited partnerships in the 1980s and, ever since, the CMP® Resource Limited Partnerships have offered investors nationwide the opportunity to benefit from Canada's compelling tax incentives aimed at supporting our national resource industry. Since their creation in 1984, the CMP® Resources Limited Partnerships have raised more than $2.9 billion and have negotiated more private placements than any other flow-through partnership brand in Canada. About Next EdgeNext 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 and focuses on providing unique, non-correlated pooled investment vehicles to the Canadian marketplace. FORWARD-LOOKING STATEMENTS: This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Next Edge's current expectations regarding future events. Forward- looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Next Edge's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Forward-looking statements in this press release include statements regarding the future operation of Next Edge and the CMP flow-through limited partnership business. Next Edge does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. 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) SOURCE Next Edge Capital Corp. View original content:
Cision Canada
13 hours ago
- Business
- Cision Canada
CMP 2023 Resource Limited Partnership completes rollover into CMP Next Edge Resource Class
TORONTO, June 9, 2025 /CNW/ - Next Edge Capital Corp. (" Next Edge") is pleased to announce that CMP 2023 Resource Limited Partnership (" CMP 2023") has completed the transfer of assets into CMP Next Edge Resource Corp. in exchange for shares of CMP Next Edge Resource Class. On the date of transfer, June 6, 2025, the net asset values for CMP 2023 were $726.9265 per Class A Unit and $761.8848 per Class F Unit and the net asset values for CMP Next Edge Resource Class was $7.0600 per Series A Share and $7.8296 per Series F Share. Upon the dissolution of CMP 2023, on or about June 19, 2025, shares of CMP Next Edge Resource Class will be distributed to the limited partners of CMP 2023 (" Limited Partners"). In the interim, Limited Partners can determine a value for their holdings in CMP Next Edge Resource Class by multiplying the number of Class A Units by 102.9641 and Class F Units by 97.3083 Series A and Series F Shares, respectively, of CMP Next Edge Resource Class. The net asset values per Class A Unit and Class F Unit of CMP 2023 will continue to be available on the website of Next Edge ( until the dissolution of CMP 2023. CMP Next Edge Resource Class is a class of mutual fund shares of CMP Next Edge Resource Corp. CMP Next Edge Resource Class is managed by Next Edge. The fundamental investment objective of CMP Next Edge Resource Class is to provide long-term capital appreciation by investing primarily in Canadian resource companies that offer attractive risk-reward characteristics as well as other Canadian equities that offer the potential for capital appreciation. Further information on CMP Next Edge Resource Class, including a copy of the simplified prospectus for CMP Next Edge Resource Class, can be found on SEDAR+ at under the investment fund profile of CMP Next Edge Resource Class. About CMP® CMP ® is a brand with a long history having pioneered the creation of flow-through limited partnerships in the 1980s and, ever since, the CMP ® Resource Limited Partnerships have offered investors nationwide the opportunity to benefit from Canada's compelling tax incentives aimed at supporting our national resource industry. Since their creation in 1984, the CMP ® Resources Limited Partnerships have raised more than $2.9 billion and have negotiated more private placements than any other flow-through partnership brand in Canada. About Next Edge 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 and focuses on providing unique, non-correlated pooled investment vehicles to the Canadian marketplace. FORWARD-LOOKING STATEMENTS: This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Next Edge's current expectations regarding future events. Forward- looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Next Edge's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Forward-looking statements in this press release include statements regarding the future operation of Next Edge and the CMP flow-through limited partnership business. Next Edge does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. 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)
Yahoo
3 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
3 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.
Cision Canada
30-05-2025
- Business
- Cision Canada
CMP Next Edge 2025 Critical and Precious Metals Short Duration Flow-Through Limited Partnership Files Preliminary Prospectus
, May 30, 2025 /CNW/ - Next Edge Capital Corp. ("Next Edge" or the "Manager") announced that a preliminary prospectus for CMP Next Edge 2025 Critical and Precious Metals Short Duration Flow-Through Limited Partnership (the "Partnership") was filed and receipted by the securities regulatory authorities of all the Canadian provinces and territories for an initial public offering of Series A Units and Series F Units (together with the Series A Units, the "Units") at a price of $25.00 per Unit. The Partnership's investment objective is to provide holders of Units ("Limited Partners") with capital appreciation and a tax-assisted investment in a diversified portfolio (the "Portfolio") of resource sector flow-through shares and additional securities, if any, that offer attractive risk-reward characteristics, and which primarily derive revenue from activities incurring Eligible Expenditures (as defined in the Preliminary Prospectus) in the mining and energy sector. The Portfolio will focus on Resource Companies (as defined in the Preliminary Prospectus) incurring such Eligible Expenditures across Canada. The Partnership intends to achieve its investment objectives by investing in resource sector flow-through shares and other securities, including but not limited to listed equities or bonds, or money-market instruments as permitted by the Investment Guidelines (as defined in the Preliminary Prospectus) that offer attractive risk-reward characteristics, with the goal of achieving capital appreciation and tax benefits for Limited Partners. The Partnership will invest and conduct its deal sourcing by investing in projects with reliable and accessible infrastructure that exhibit a reasonable timeline to commencement and completion of operations. In addition, the Partnership will seek to leverage the extensive experience in the small-cap mining sector of its portfolio manager, Palos Wealth Management Inc. ("Palos"), which has participated in over 200 private placement junior mining deals since 2016. The Partnership will also leverage Palos' understanding of the flow-through market and its implications for resource investments. The Series F Units are designed for fee-based and/or institutional accounts and the Series A Units are available to all investors. The syndicate of agents is being led by National Bank Financial Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., and Scotia Capital Inc. as joint bookrunners and includes BMO Nesbitt Burns Inc., Canaccord Genuity Corp., IA Private Wealth Inc., Desjardins Securities Inc., Raymond James Ltd., Richardson Wealth Limited, CI Investment Services Inc., Manulife Wealth Inc., Research Capital Corp., Ventum Financial Corp. and Wellington-Altus Private Wealth Inc. About Next Edge 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 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). About Palos Wealth Management Inc. Palos is a Montreal-based wealth and investment management firm with over 20 years of experience providing innovative investment solutions. Palos specializes in active portfolio management, focusing on delivering high-performing investment strategies and consistent, risk-adjusted returns tailored to the needs of their clients. With a proven track record in resource-focused investments and a commitment to excellence, Palos is a trusted partner for clients across Canada. A preliminary prospectus containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada. The preliminary prospectus is still subject to completion or amendment. Copies of the preliminary prospectus may be obtained from any one of the agents noted above. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued. There are ongoing fees and expenses associated with owning securities of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. The Units have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States, and may not be offered or sold, directly or indirectly, in the United States (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable securities laws of any state of the United States or in reliance on an exemption from such registration requirements. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Fund's securities referred to herein in the United States. SOURCE Next Edge Capital Corp.
