Copernican Capital Corp.
TSX : ADC
TSX : ASC
TSX : FIT.UN
TSX : GBP.UN
TSX : CBK.UN
TSX : CIW.UN
TSX : CBW
TSX : CBW.PR.A
TSX : ASC.PR.A
TSX : CIR
TSX : CIR.PR.A
TSX : CPM.UN
TSX : CBB.UN
TSX : CBB.WT

Copernican Capital Corp.

August 11, 2008 12:54 ET

Copernican World Financial Infrastructure Trust Files Preliminary Short Form Prospectus

BURLINGTON, ONTARIO--(Marketwire - Aug. 11, 2008) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES

Copernican Capital Corp., (TSX:ADC)(TSX:ASC)(TSX:ASC.PR.A)(TSX:GBP.UN)(TSX:FIT.UN)(TSX:CBK.UN)(TSX:CIW.UN)(TSX:CBW.PR.A)(TSX:CBW)(TSX:CIR)(TSX:CIR.PR.A)(TSX:CPM.UN)(TSX:CBB.UN) (TSX:CBB.WT) the Manager of Copernican World Financial Infrastructure Trust (the "Trust") is pleased to announce that the Trust has filed and has received a receipt from the securities regulators of all the Canadian provinces and territories for the preliminary short form prospectus dated August 8, 2008 for the issue of August 2009 Warrants and August 2010 Warrants. One August 2009 Warrant entitles the holder thereof to purchase one Unit at a price of $7.55 per Unit on May 1, 2009 at 4:00 p.m. or at a price of $7.57 per Unit at 4:00 p.m. on the last business day of each month starting on May 29, 2009 until August 31, 2009. One August 2010 Warrant entitles the holder thereof to purchase one Unit at a price of $7.60 per Unit on May 3, 2010 or at a price of $7.65 per Unit at 4:00 p.m. on the last business day of each month starting on May 31, 2010 until August 31, 2010.

The Trust is a non-redeemable investment fund whose investment objectives are:

(i) to provide Unitholders with monthly cash distributions; and

(ii) to preserve and enhance the net asset value of the Trust.

Copernican Capital Corp. is the manager of the Trust (the "Manager"). AIC Investment Services Inc. is responsible for the Trust's overall investment strategy.

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Trust. The forward-looking statements are not historical facts but reflect the Manager's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Manager believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Manager undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

A preliminary short form prospectus dated August 8, 2008 containing important information relating to these securities has been filed with securities commissions or similar authorities in certain jurisdictions of Canada. The preliminary short form prospectus is still subject to completion or amendment. Copies of the preliminary short form prospectus may be obtained from the issuer or are available electronically at www.sedar.com. 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.

All capitalized terms noted herein but not defined are as per the preliminary short form prospectus dated August 8, 2008.

Contact Information

  • Media Contacts:
    Copernican Capital Corp, Burlington ON
    Chris Lowe, Chief Executive Officer
    (905) 319-4922
    Email: clowe@copernican.com
    Website: www.copernicancapital.com
    or
    AIC Investment Services, Burlington ON
    Chris Lowe
    Senior Vice President and Portfolio Manager
    (905) 331-4242, ext. 4232 or 1-888-710-4242, ext. 4232
    Email: clowe@aic.com
    or
    AIC Limited
    Terri Oswald
    Director, Media Relations
    (905) 331-4242, ext. 4345 or 1-888-710-4242, ext. 4345
    Email: toswald@aic.com