Norrep Capital Management Ltd. Announces Norrep High Income Fund Open to Investors and Completion of Merger and Termination of Norrep High Yield Class
September 12, 2017
CALGARY, Alberta – September 12, 2017– Norrep Capital Management Ltd. (“NCM”), the manager of a strategically focused group of public mutual funds, alternative investment funds, and limited partnerships, announced today that Norrep High Income Fund will be open to investors beginning on September 12, 2017.
The previously announced proposed mutual fund merger of Norrep High Yield Class (the “Terminating Fund”), a class of shares of Norrep Opportunities Corp., into Norrep High Income Fund has been completed and the Terminating Fund has been terminated effective September 12, 2017.
Norrep Capital Management Ltd. is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.norrep.com for more details about Norrep and its investment products. For the complete disclosure record of the Norrep Group of Funds, please visit www.sedar.com.
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Certain information set forth in this press release, including a discussion of future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management’s control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. Actual results, performance or achievement could differ from those expressed in or implied by these forward-looking statements.