Norstar Securities Trust

April 23, 2007 16:00 ET

Norstar Securities Trust Completes IPO

TORONTO, ONTARIO--(CCNMatthews - April 23, 2007) - Norstar Securities Trust is pleased to announce the closing on April 23, 2007, of an initial public offering of 4,720,000 trust units by way of a prospectus to raise gross proceeds of $1,180,000.00.

Standard Securities Capital Corporation acted as sole lead agent in the transaction.

Norstar Securities Trust operates an independent Canadian investment dealer through its limited partner, Norstar Securities Limited Partnership.

Contact Information

  • Norstar Securities Trust
    Michael Sheridan
    (416) 619-2008
    (416) 619-2011 (FAX)
    Email: sheridanm@norstar.ca