AGF Limited Partnership Meetings - AGF Master Limited Partnership, Global Strategy Master LP, Multi-Manager Limited Partnership I

TORONTO, Oct. 3, 2012 /CNW/ - AGF Partners No. Five Limited and Global Strategy Master GP Inc., the general partners of, respectively, AGF Master Limited Partnership and Global Strategy Master LP (each, a "Limited Partnership"), today announced that each Limited Partnership received the approval of its limited partners to dissolve the Limited Partnership and to sell to AGF Investments Inc. the distribution fees remaining payable to the Limited Partnership after October 31, 2012. The approvals were received at special meetings of the limited partners of each Limited Partnership held on October 3, 2012.

The proceeds from the sale of each Limited Partnership's right to the distribution fees will be distributed to the limited partners of each Limited Partnership on or about November 5, 2012. The total cash distributed to the limited partners of each Limited Partnership is expected to be as follows:

Partnership	Purchase Price for Residual Rights as at October 31, 2012	Estimated Dissolution Expenses, Payables and Applicable Taxes	Net Amount Available for Final Payment by the LP as at October 31, 2012^(1)	Number of LP Units Issued and Outstanding	Final Payment per LP Unit^(1)
AGF Master LP	$354,100	$177,533	$176,567	8,568,159	$0.02
Global Strategy LP	$1,884,900	$569,319	$1,315,581	10,972,272	$0.12

^{(1) Not including the distribution to be paid in respect of the applicable interim period ending October 31, 2012}

The Limited Partnerships will also be dissolved on or about November 5, 2012.

The special meeting of the limited partners of Multi-Manager Limited Partnership I has been adjourned, because this partnership's quorum requirements for the meeting were not met. The adjourned meeting will be held on October 17, 2012 at 10:30 a.m. at the offices of AGF Investments Inc.

 

 

SOURCE: AGF Master Limited Partnership

Michael Clabby
Vice-President, Investor Relations and Corporate Development
416-815-6275, [email protected]