CMP 2005 Resource Limited Partnerships

March 10, 2005 15:39 ET

CMP 2005 Resource Limited Partnership Raises Over $130 million


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CMP 2005 RESOURCE LIMITED PARTNERSHIPS

MARCH 10, 2005 - 15:39 ET

CMP 2005 Resource Limited Partnership Raises Over $130
million

TORONTO, ONTARIO--(CCNMatthews - March 10, 2005) - CMP 2005 Resource
Limited Partnership (the "Partnership") announces that it completed an
initial closing of its public offering. The Partnership sold 130,002
Units, represented by instalment receipts, for gross proceeds of $130
million.

The Partnership intends to complete its offering with a final closing on
or about March 31, 2005. The maximum offering is $200 million.

The Units are being offered in all provinces and territories of Canada
at a price of $1,000 per Unit. The minimum subscription is five Units
for $5,000 and the purchase price is payable in two equal instalments.
The first instalment is payable on closing and the final instalment is
payable on or prior to May 31, 2005. Pending payment of the final
instalment, beneficial ownership in the Units will be represented by
instalment receipts. Quebec investors should consult their investment or
tax advisors about recent changes to certain flow-through deductions for
Quebec tax purposes.

The Partnership is managed by Goodman & Company Investment Counsel Ltd.,
a leading Canadian investment firm tracing its portfolio management
roots back over 45 years, with approximately $15 billion in assets under
management. Goodman & Company, including Dynamic Mutual Funds and its
affiliates, offers a wide range of wealth management solutions through
registered financial advisors, including mutual funds; fee-based
programs (Viscount and Marquis), limited partnerships (CMP and Canada
Dominion), a labour-sponsored fund, hedge funds and a high net-worth
investment counsel (Goodman Private Wealth Management). Goodman &
Company, Investment Counsel Ltd. is a subsidiary of Dundee Wealth
Management Inc. (DW - TSX).

The offering is being made through a syndicate of agents led by Dundee
Securities Corporation, CIBC World Markets Inc. and RBC Capital Markets
and including BMO Nesbitt Burns Inc., National Bank Financial Inc.,
Scotia Capital Inc., TD Securities Inc., Canaccord Capital Corporation,
Berkshire Securities Inc., First Associates Investments Inc., Richardson
Partners Financial Limited and Wellington West Capital Inc.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Goodman & Company, Investment Counsel Ltd.
    Customer Relations Centre
    1 (800) 268-8186
    www.cmpfunds.com
    or
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    Media Relations
    (416) 365-5002