Ned Goodman

December 09, 2009 17:42 ET

Press Release

TORONTO, ONTARIO--(Marketwire - Dec. 9, 2009) - Ned Goodman, President and Chief Executive Officer of Ravensden Asset Management Inc. ("Ravensden.") announced today that he has acquired, pursuant to a private placement by Strateco Resources Inc. ("Strateco") (the "Private Placement"), 400,000 flow-through common shares of Strateco at a price of $1.00 per share, representing an approximate 0.33% interest in Strateco. Accounts sub-advised by Ravensden, have also acquired 2,000,000 flow-through common shares of Strateco at $1.00 per share pursuant to the Private Placement, representing an approximate 1.64% interest in Strateco. These positions, together with 12,744,565 common shares previously acquired by accounts sub-advised by Ravensden, represent an approximate aggregate 12.43% interest in Strateco.

Ravensden Asset Management Inc. is a wholly owned subsidiary of Dundee Corporation (TSX:DC.A).

Contact Information

  • Ned Goodman
    President and Chief Executive Officer
    Ravensden Asset Management Inc.
    (416) 365-5665