Hesperian Capital Management Ltd. Announces Capital Gain Distribution to Investors of the Norrep Fund

CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Hesperian Capital Management Ltd. ("Hesperian"), the Manager of a strategically focused group of public mutual funds and limited partnerships (the "Norrep Group of Funds"), announced today a distribution of $0.58 per unit for the Norrep Fund. This distribution was payable on December 18, 2013 to unitholders of record at the close of business on December 13, 2013.

"It's been a great year for the Norrep Fund. The past year highlights how our disciplined and rigorous investment methodology works to provide significant value to our investors not only in the Norrep Fund but in the Norrep II Class as well," noted Alex Sasso, CEO and Portfolio Manager at Hesperian. "We will continue to work diligently to find undervalued securities that provide excellent growth potential for our investors."

Hesperian Capital Management Ltd. is a Calgary-based investment firm with approximately $1.07 billion in assets under management. Please visit www.hesperiancapital.com for more details about Hesperian and the Norrep Group of Funds.

Certain information set forth in this press release, including a discussion of future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. Actual results, performance or achievement could differ from those expressed in or implied by these forward-looking statements.