CMP 2010 II Resource Limited Partnership Raises $50 million

TORONTO, Sept. 30 /CNW/ - CMP 2010 II Resource Limited Partnership (the "Partnership") announces that it has issued 50,000 limited partnership units (the "Units") pursuant to its initial public offering at $1,000 per Unit for gross proceeds of $50,000,000. 

The offering was made through a syndicate of agents, which was led by Dundee Securities Corporation, CIBC World Markets Inc. and RBC Dominion Securities Inc. and included BMO Nesbitt Burns Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., GMP Securities L.P., HSBC Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd., Raymond James Ltd. and Wellington West Capital Markets Inc.

CMP is a pioneer in flow-through investing, with a history dating back to when flow-through shares were first introduced by the federal government. Since its creation in 1984, CMP has successfully raised and invested nearly $2.6 billion in companies active in exploration and development efforts across Canada. When combined with the flow-through limited partnerships of Canada Dominion, the two form the largest flow-through investing platform in Canada, raising a combined total of more than $3.8 billion in assets throughout their history.

Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"), manager of the Partnership, the flow-through limited partnerships of CMP™ and Canada Dominion and the seven classes of mutual fund shares within Dynamic Managed Portfolios Ltd., is a leading Canadian asset management company tracing its roots back more than 50 years. It offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds®, the portfolio solutions of the Marquis Investment Program, the flow-through limited partnerships of CMP and Canada Dominion and the high-net worth investment counsel of Goodman Private Wealth Management. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).

Ned Goodman Investment Counsel Limited (formerly, Ravensden Asset Management Inc.) ("NGIC") is a wholly owned subsidiary of Dundee Corporation and is led by Ned Goodman, CFA, utilizing a team of resource specialists at Dundee Resources Limited. NGIC acts as a sub-advisor to the Partnership and certain investment funds and limited partnerships established by DundeeWealth Inc.

UTA Asset Management Corp. is a Calgary-based portfolio manager and sub-advisor providing advice to the Partnership in respect of resource companies in the oil and gas sector and is led by Dean Prodan.

For further information:

contact our Customer Relations Centre at 1.800.268.8186 or visit www.cmpfunds.ca.  For media inquiries, contact Myra Reisler at 416.365.5370.