Press release from CNW Group
Coxe Commodity Strategy Fund files final prospectus for warrant offering
Friday, October 07, 2011
Coxe Commodity Strategy Fund files final prospectus for warrant offering14:48 EDT Friday, October 07, 2011/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./TORONTO, Oct. 7, 2011 /CNW/ - (TSX: COX.UN) - Coxe Commodity Strategy Fund (the "Fund") is pleased to announce that it has filed a final short form prospectus relating to an offering of Class A warrants ("Class A Warrants") and Class F warrants ("Class F Warrants") to holders of Class A units ("Class A Units") and Class F units ("Class F Units") of the Fund. Each holder of Class A Units and Class F Units of record on October 19, 2011 (the "Record Date") will receive one Class A Warrant and one Class F Warrant for each Class A Unit and each Class F Unit held, respectively.Each Class A Warrant will entitle its holder to acquire one Class A Unit upon payment of $8.58. Each Class F Warrant will entitle its holder to acquire one Class F Unit upon payment of $8.81. Class A Warrants and Class F Warrants may be exercised on any business day commencing on April 2, 2012 and ending on or before 5:00 p.m. (Toronto time) on April 30, 2012.The Fund's investment objective is to provide investors with long term capital growth by executing the commodity investment strategies of Mr. Donald G.M. Coxe, chairman of Coxe Advisors LLP.The Fund seeks to achieve its investment objective by investing in an actively managed portfolio providing exposure to commodity related securities in agriculture, base metals & steel, energy and precious metals sectors. Harris Investment Management, Inc. is responsible for implementing the Fund's investment strategy.COXE COMMODITY STRATEGY FUNDFor further information: please contact BMO Capital Markets at 1.866.864.7760.