Folio Asset Management Limited

Folio Asset Management Limited

December 17, 2008 17:18 ET

Canadian Mining Diversified Asset Strategy Fund Withdraws IPO

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2008) - Folio Asset Management Limited (the "Manager") announced today that due to current market conditions it has withdrawn the initial public offering of the units of the Canadian Mining Diversified Asset Strategy Fund. The Manager has requested that the shares deposited pursuant to the Exchange Option through CDS Clearing and Depositary Services Inc. ("CDS") be re-credited to shareholders' accounts by CDS in accordance with its practices as soon as practicable.

For further information please contact Folio Asset Management Limited at www.folioasset.com.

Contact Information

  • Folio Asset Management Limited
    Geoff Sinclair
    President and CEO
    (416) 860-7620
    Website: www.folioasset.com