Dynamic Mutual Funds Ltd. will hold an aggregate of 10.3 million common shares, which represents an 18.5 percent interest of the outstanding shares of Delicious Alternative Desserts Ltd.
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TORONTO, ONTARIO--Dynamic Mutual Funds Ltd. announced today, that it holds on behalf of certain client accounts a total amount of 3,200,000 common shares and 4,768,400 special warrants of Delicious Alternative Desserts Ltd. Upon the conversion of the special warrants, Dynamic will hold an aggregate of 10.3 million common shares, which represents an 18.5 percent interest of the outstanding shares of Delicious Alternative Desserts Ltd.
Canadian Corporate News - August 11, 1999 21:45
The securities were acquired for investment purposes. Each client account may, depending on market and other conditions and its own investment objectives, restrictions and practices, increase or decrease its beneficial ownership, control or direction over the common shares or other securities of Delicious Alternative Desserts Ltd.
Dynamic Mutual Funds Ltd., a subsidiary of Dundee Bancorp Inc., is a leading investment counsel which provides investment management and administrative services to the Dynamic Mutual Funds, closed-end funds, institutional accounts and private individuals.
FOR FURTHER INFORMATION PLEASE CONTACT:
Dynamic Mutual Funds Ltd. Christine Short Legal & Compliance (416) 363-9097
INDUSTRY: FIS SUBJECT: NWS
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