Huntingdon Completes Redemption of Outstanding Debentures

/NOT FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Dec. 5, 2014 /CNW/ – Huntingdon Capital Corp., a wholly-owned subsidiary of Slate Asset Management LP, announced today that it has completed the previously announced redemption of all of its outstanding 7.50% secured debentures due on December 31, 2016 (the "Debentures"). The Debentures were de-listed from the Toronto Stock Exchange as of the close of business today.

About Slate

Slate Asset Management LP is a leading real estate investment platform with over $2 billion in assets under management. Slate is a value-oriented company and a significant sponsor of all its private and publicly-traded investment vehicles, which are tailored to the unique goals and objectives of its investors. The firm's careful and selective investment approach creates long term value with an emphasis on capital preservation and outsized returns. Slate is supported by exceptional people, flexible capital and a proven ability to originate and execute on a wide range of compelling investment opportunities. More information is available at www.slateam.com.

SOURCE: Huntingdon Capital Corp.

Slate Asset Management LP, 200 Front St W, Suite 2400, Toronto, ON M5V 3K2; Blair Welch, Partner and Co-Founder, Slate Asset Management, 416 644 4267; Brady Welch, Partner and Co-Founder, Slate Asset Management, 416 644 4263