Next Edge Capital Corp. Announces Unitholder Approval of Merger of Next Edge GLG Emerging Markets Income Fund into Next Edge Theta Yield Fund

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2014) - Next Edge Capital Corp., the manager of Next Edge GLG Emerging Markets Income Fund (TSX:EMY.UN) (the "Fund"), announces that unitholders of the Fund have approved the merger of the Fund into Next Edge Theta Yield Fund ("Theta Yield Fund") at the adjourned special meeting of unitholders held today.

It is expected that the Class A Units of the Fund will be delisted from the Toronto Stock Exchange as at the close of business on December 24, 2014 in order to facilitate the merger which is currently scheduled to occur on December 30, 2014. Assuming receipt of all required approvals, on that date, Class A Units of the Fund will be exchanged for Class A1 Units of Theta Yield Fund and Class F Units of the Fund will be exchanged for Class F1 Units of Theta Yield Fund on the basis of an exchange ratio determined by reference to the most recently calculated net asset values of the units.

The unitholders of the Fund will not be required to take any action in order to be recognized as unitholders of Theta Yield Fund.

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.