Lorne Park Capital Partners Inc. Announces Investment of $3.1 Million in Two Partnerships, and Announces Closing of US$1.0 Million Debentures
Lorne Park Capital Partners Inc. Announces Investment of $3.1 Million in Two Partnerships, and Announces Closing of US$1.0 Million Debentures
Toronto, Ontario--(Newsfile Corp. - July 31, 2023) - Lorne Park Capital Partners Inc. (TSXV: LPC) ("LPCP" or the "Corporation") is pleased to announce that it has, through its wholly-owned subsidiary Bellwether Investment Management Inc. ("Bellwether"), made capital contributions into two partnerships, and also announced it has closed an offering of debentures.
安大略省多倫多-(Newsfile Corp.-2023年7月31日)-Lorne Park Capital Partners Inc.(TSXV：LPC)(LPCP“或”公司“)很高興地宣佈，通過其全資子公司Bellwether Investment Management Inc.(”領頭羊“)，向兩家合夥企業出資，並宣佈已完成債券發行。
Partnership Investments
合夥企業投資
Bellwether contributed $1,770,000 to Haskings Financial LP ("Haskings Financial"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated September 7, 2017. Haskings Financial has $101 million in assets under management, all of which are currently being managed by Bellwether.
領頭羊向Hasking Financial LP(Hasking Financial LP)捐贈了1,770,000美元。哈斯金金融“)，安大略省的一家有限合夥企業，根據2017年9月7日的有限合夥協定進行治理。Hasking Financial管理著1.01億美元的資產，目前全部由Bellwether管理。
Bellwether also contributed $1,298,000 to Bow River Financial LP ("Bow River"), an Ontario limited partnership, governed pursuant to a limited partnership agreement dated October 15, 2021. Bow River has $118 million in assets under management, all of which are currently being managed by Bellwether.
領頭羊還向Bow River Financial LP提供了1,298,000美元(“弓河“)，安大略省的一家有限合夥企業，根據2021年10月15日的有限合夥協定管理。BowRiver管理著1.18億美元的資產，目前全部由Bellwether管理。
As consideration for the contributions, Bellwether was granted admission as a limited partner to each partnership and granted certain strategic rights and privileges under each limited partnership agreement, including the right for Bellwether to remain the investment manager over the assets of the partnerships, and the right of first refusal in the event the partnerships receive a third party offer for the assets. The two transactions are expected to be accretive to EBITDA in the aggregate amount of $0.5 million on an annual basis.
作為出資的代價，Bellwether被允許成為每個合夥企業的有限合夥人，並根據每個有限合夥企業協定授予某些戰略權利和特權，包括Bellwether繼續擔任合夥企業資產的投資管理人的權利，以及在合夥企業收到第三方對資產的要約時的優先購買權。這兩筆交易預計每年將增加EBITDA，總額為50萬美元。
Debentures Offering
發行債券
LPCP has closed a non-brokered private placement offering (the "Offering") of non-convertible and unsecured debentures of the Corporation (the "Debentures") for aggregate gross proceeds of $1,000,000 US dollars. The Debentures mature on and become payable on July 31, 2028 and bear interest at a fixed rate of 8.25% per annum. The Debentures are direct, unsecured obligations of the Corporation, ranking equally with all other unsecured indebtedness of the Corporation. The net proceeds of the Offering will be used for general working capital purposes. The Offering is subject to final approval by the TSX Venture Exchange.
LPCP已完成一項非經紀私募發售(“發售”)，發售公司的不可轉換及無抵押債券(“債券”)，總收益為1,000,000美元。債券於2028年7月31日到期，並於2028年7月31日到期，固定息率為年息8.25%。債券是本公司的直接無抵押債務，與本公司所有其他無擔保債務並列。發行所得款項淨額將用於一般營運資金用途。此次發行還有待多倫多證券交易所創業板的最終批准。
About Lorne Park Capital Partners Inc.
關於Lorne Park Capital Partners Inc.
LPCP was created to bring together boutique investment management and wealth advisory firms in order to deliver robust, cost-effective investment solutions to affluent investors, foundations, estates and trusts. LPCP's unique strategy creates better alignment between investment managers and wealth advisors while providing them with additional resources to accelerate their growth.
LPCP是為了將精品投資管理公司和財富諮詢公司整合在一起，為富裕的投資者、基金會、房地產和信託基金提供強大、經濟高效的投資解決方案。LPCP的獨特戰略在投資經理和財富顧問之間創造了更好的一致性，同時為他們提供了更多的資源來加速他們的增長。
About Bellwether Investment Management Inc.
關於Bellwether投資管理公司
Bellwether is a boutique investment manager that offers tailored investment solutions for affluent investors, foundations, estates and trusts utilizing its proprietary "Disciplined Dividend Growth" Investment Process. Bellwether provides discretionary investment management focused on North American Dividend Growth investing and is dedicated to serving the distinct needs of affluent families. Bellwether's suite of investment solutions includes Canadian, US and global equity and fixed income strategies. Bellwether is a subsidiary of LPCP, and is registered as a portfolio manager in Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan, an exempt market dealer in Alberta, Ontario and Quebec, and an investment fund manager in Ontario and Quebec.
Belwether是一家精品投資管理公司，利用其專有的“有紀律的股息增長”投資流程，為富裕的投資者、基金會、房地產和信託基金提供量身定製的投資解決方案。Belwether提供專注於北美股息增長投資的可自由支配投資管理，致力於服務富裕家庭的不同需求。領頭羊的一套投資解決方案包括加拿大、美國和全球股票和固定收益策略。Belwether是LPCP的子公司，在艾伯塔省、不列顛哥倫比亞省、馬尼託巴省、新斯科舍省、安大略省、魁北克省和薩斯喀徹溫省註冊為投資組合經理，在艾伯塔省、安大略省和魁北克省註冊為豁免市場交易商，在安大略省和魁北克省註冊為投資基金經理。
For further information, please contact:
如需更多資訊，請聯繫：
Robert Sewell
Chief Executive Officer
Lorne Park Capital Partners Inc.
investor.relations@lpcp.ca
(905) 337-2227
羅伯特·休厄爾
首席執行官
Lorne Park Capital Partners Inc.
郵箱：Investor.relationship@lpcp.ca
(905)337-2227
Cautionary Notes
警示注意事項
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所創業板交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking information may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", "plan", and other similar expressions. Forward looking information in this news release includes, without limitation, LPCP's objectives, goals and future plans. Forward-looking information addresses possible future events, conditions and financial performance based upon management's current expectations, estimates, projections and assumptions. In particular, the forward-looking information contained in this news release reflects assumptions about the timing and results of the amalgamation and regulatory approvals. Management of LPCP considers the assumptions on which the forward-looking information contained herein are based to be reasonable. However, by its very nature, forward-looking information inherently involves known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such information. Such risks include, without limitation, changes in economic conditions, applicable laws or regulations. Accordingly, readers are cautioned not to place undue reliance on forward-looking information. LPCP disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
本新聞稿包含以下聲明 這些資訊構成適用證券法意義上的“前瞻性資訊”。前瞻性資訊可以通過諸如“相信”、“預期”、“預期”、“估計”、“可能”、“可能”、“將”、“計劃”以及其他類似表述來識別。本新聞稿中的前瞻性資訊包括但不限於LPCP的目標、目標和未來計劃。前瞻性資訊以管理層目前的預期、估計、預測和假設為基礎，闡述未來可能發生的事件、狀況和財務業績。特別是，本新聞稿中包含的前瞻性資訊反映了對合並和監管批准的時間和結果的假設。LPCP管理層認為本文所含前瞻性資訊所依據的假設是合理的。然而，就其性質而言，前瞻性資訊本身就包含已知和未知的風險和不確定性，這些風險和不確定性可能導致實際結果與此類資訊明示或暗示的結果大相徑庭。此類風險包括但不限於經濟條件、適用法律或法規的變化。因此，提醒讀者不要過度依賴前瞻性資訊。LPCP沒有任何意圖或義務更新或修改任何前瞻性資訊，無論是由於新資訊、未來事件或其他原因，除非法律要求。
/NOT FOR DISTRIBUTION IN THE UNITED STATES, ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/
/不在美國分銷，任何不遵守這一限制都可能構成違反美國證券法/
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