Salida Capital LP

May 01, 2013 17:02 ET

Termination of Salida Wealth Preservation (Listed) Fund

TORONTO, ONTARIO--(Marketwired - May 1, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Salida Capital LP (the "Manager"), as manager of the Salida Wealth Preservation (Listed) Fund (the "Fund"), confirmed that the Fund has terminated on April 30, 2013, as previously announced. In connection with the termination, the amount of $6.596 per Unit, representing the net asset value per Unit of the Fund upon termination after paying or providing for the liabilities of the Fund, will be distributed to Unitholders. No final distribution of the Fund's net income and net capital gains was made prior to the termination date.

Units of the Fund (symbol SWP.UN) discontinued trading on the Toronto Stock Exchange at the close of business on April 23, 2013.

The Fund is expected to make the final distribution on or about May 3, 2013 through CDS Clearing and Depository Services Inc.

About Salida Capital LP:

Founded in 2001, Salida Capital is a natural resources investment management firm based in Toronto. Salida and its experienced team of investment professionals specialize in natural resource investing with key sectors of focus being energy, precious metals, base metals and agriculture. Salida takes an active, opportunistic management style when investing in private, small, mid and large cap resource companies.

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