CORP. / Trimark Mutual Fund's Holdings of Tarragon Oil & Gas
Stock Symbol: TMF (TSE, ME)
TORONTO, Jan. 7 /CNW/ - Trimark Investment Management Inc.(''Trimark''),
Toronto, Ontario, announced that 164,200 common shares (''Shares'') of
Tarragon Oil and Gas Limited have been acquired by mutual funds sponsored by
Trimark (''Trimark Funds'') in open-market purchases through the facilities of
The Toronto Stock Exchange. Trimark Funds now hold in aggregate 7,472,700
Shares, or 14.6 per cent of the issued and outstanding Shares of Tarragon Oil
and Gas Limited. The purchases by Trimark on behalf of Trimark Funds were made
in the ordinary course of business for investment purposes and not for the
purpose of influencing the control or direction of Tarragon Oil and Gas
Limited. Trimark Funds may from time to time acquire additional Shares,
dispose of all or some of those Shares or may continue to hold those Shares.
Trimark Financial Corporation (TMF: TSE, ME) became a publicly traded
company in 1992. Its principal business is conducted through Trimark
Investment Management Inc. (TIMI), a mutual fund management company that is
sponsor, manager and distributor of mutual funds in Canada. Since its founding
in 1981, TIMI has grown to manage assets totaling more than $27 billion in 15
mutual funds and operates through offices in Toronto, Montreal, Vancouver and
Calgary. In addition to its retail and pension mutual fund operations, Trimark
Financial Corporation also owns and operates Trimark Trust and Trimark
International Inc. Trimark has over 600 permanent staff members. |
