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HBL.UN Brand Leaders Income Fund

11.54
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Brand Leaders Income Fund TSX:HBL.UN Toronto Trust
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 11.54 11.70 11.79 0 01:00:00

Brand Leaders Income Fund Files Final Prospectus for Warrant Offering

06/02/2014 5:10pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA.


Harvest Portfolios Group Inc., the manager of Brand Leaders Income Fund
(TSX:HBL.UN) (the "Fund"), is pleased to announce that the Fund has filed a
final prospectus for an offering of warrants of the Fund (the "Warrants") to
unitholders of the Fund (the "Unitholders"). Each Unitholder of record on
February 18, 2014 will receive one Warrant for each unit of the Fund (a "Unit").


Two whole Warrants will entitle the Unitholder to purchase a Unit upon payment
of the subscription price of $11.74, which is the sum of the most recently
calculated net asset value per Unit prior to the date of the final short form
prospectus plus the estimated per Unit fees and expenses of the offering of the
Fund. Warrants not exercised by 5:00 p.m. (Toronto time) on August 15, 2014 will
be void and have no value.


The Warrants distributed under this prospectus have been conditionally approved
for listing on the TSX under the symbol HBL.WT. Warrants will not be eligible to
received distributions provided, however, that if Units are issued on or before
an applicable record date, Units received upon exercise of the Warrants will be
eligible to receive distributions from the Fund.


Warrants will be distributed to client accounts by brokers after the record
date. The Fund will pay an exercise fee of $0.12 per Unit at the time the
Warrant is exercised, payable to the investment advisor of the CDS participant
whose client is exercising the Warrant.


The Warrants are not qualified for distribution in the United States of America.
Copies of the final prospectus have been filed on SEDAR at www.sedar.com under
the Fund's profile.


This press release does not constitute an offer to sell or the solicitation of
an offer to buy securities nor will there be any sale of such securities in any
state in which such offer, solicitation or sale would be unlawful.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Harvest Portfolios Group Inc.
1-866-998-8298
info@harvestportfolios.com

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