The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Coxe Commodity Strategy Fund Issues Warrants

Thursday, October 20, 2011

Coxe Commodity Strategy Fund Issues Warrants17:17 EDT Thursday, October 20, 2011/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./TORONTO, Oct. 20, 2011 /CNW/ - (TSX: COX.UN) - Coxe Commodity Strategy Fund (the "Fund") is pleased to announce that it has issued one Class A warrant ("Class A Warrant") and one Class F warrant ("Class F Warrant") for each Class A unit ("Class A Unit") held and each Class F unit ("Class F Unit") held to holders of Class A Units and Class F Units, respectively, of the Fund of record as at the close of business on October 19, 2011.Each Class A Warrant entitles its holder to acquire one Class A Unit upon payment of $8.58. Each Class F Warrant entitles 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 Class A Warrants are listed on the Toronto Stock Exchange under the ticker symbol "COX.WT.A".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.For further information: BMO Capital Markets at 1.866.864.7760