First Asset Canadian Dividend Opportunity Fund
TSX : DOF.UN

First Asset Canadian Dividend Opportunity Fund
First Asset

First Asset

May 17, 2010 09:48 ET

First Asset Canadian Dividend Opportunity Fund Announces Exercise of Over-Allotment Option

TORONTO, ONTARIO--(Marketwire - May 17, 2010) - First Asset Canadian Dividend Opportunity Fund (the "Fund") (TSX:DOF.UN) announces that the Fund's syndicate of agents for its initial public offering has exercised its over-allotment option and acquired an additional 400,000 units of the Fund. In total, the Fund issued 15,400,000 units pursuant to its initial public offering, yielding gross proceeds of $154 million. The units are listed on the Toronto Stock Exchange under the symbol DOF.UN.

The syndicate of agents for this offering was led by CIBC World Markets Inc., National Bank Financial Inc. and RBC Capital Markets, and included BMO Capital Markets, Scotia Capital Inc., TD Securities Inc., Dundee Securities Corporation, HSBC Securities (Canada) Inc., Raymond James Ltd., Wellington West Capital Markets Inc., Canaccord Genuity Corp., GMP Securities L.P. and Macquarie Capital Markets Canada Ltd.

Contact Information

  • First Asset
    Rob MacNiven
    Investor Relations
    416-642-1289 or 1-877-642-1289
    www.firstasset.com