CALGARY, ALBERTA--(Marketwired - May 6, 2014) - Hesperian Capital Management Ltd. ("Hesperian"), the manager of Norrep Global Class of Norrep Opportunities Corp. (the "Fund"), announced today its proposal to change the investment objective of the Fund. Hesperian will seek the approval of shareholders of the Fund for this change at a special meeting to be held on or about June 20, 2014. If shareholder approval is obtained, the change to the investment objective will be effective on or about June 20, 2014, and it is expected that there will be a change to the Fund's benchmark index to reflect the change to the investment objective. The proposed change to the investment objective of the Fund is to allow it to invest in a broader range of global equity securities.
Full details about the proposed change will be outlined in an information circular to be provided to shareholders of the Fund in May 2014.
Hesperian Capital Management Ltd. is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.hesperiancapital.com for more details about Hesperian and the Fund.
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.
Contact Information:
Manager, Dealer & Client Services
Hesperian Capital Management Ltd.
(877) 431-1407