BEIJING, February 9, 2012 – Canaccord Financial Inc. (Canaccord) and the Import Export Bank of China (Eximbank) are pleased to announce their intent to establish a US$1 billion fund focused specifically on investing in the Canadian resource sector. A memorandum of understanding to create the “Canada China Natural Resource Fund” (CCRF) was signed this morning by Paul Reynolds, President and CEO of Canaccord Financial Inc., and Li Ruogu, Chairman and President of Eximbank, in the presence of the Canadian Prime Minister, the Right Honourable Stephen Harper, and Vice Premier Li Keqiang of China.
The principal objectives of the CCNRF are to:
- Invest in both public and private natural resource and energy companies or projects in Canada, and in companies that are listed, or have the potential to list on, Canadian stock exchanges;
- Promote interaction and sustainable development among Chinese, Canadian and other natural resources companies, and;
- Realize substantial returns on investment through the strategic and market-oriented allocation of Fund capital
Following the signing ceremony, Paul Reynolds of Canaccord Financial Inc., said: “The Canadian natural resource industry and Canaccord’s deep knowledge of this important sector will be highly complementary to the interests of Chinese investors and the continued demand for energy and resources by the Chinese economy.”
Mr. Reynolds continued, “We are honoured to have had Prime Minister Stephen Harper and Vice Premier Li Keqiang involved in our signing ceremony this morning. The ‘Canada-China Natural Resource Fund’ demonstrates the importance of Canadian financial markets in the development of resource companies and the continued expansion of Chinese participation in natural resource projects around the world.”
Li Ruogu, Chairman and President of Eximbank, added: “We are excited about pursuing this venture with our strategic partner Canaccord, and look forward to great success”.
The closed-end fund is intended to raise approximately US$1 billion from investors in China and abroad. It will be structured and operated at arms-length from its co-owners, with an independent management team responsible for maximizing returns for its limited partners. A first closing is planned within the first half of 2012.
ABOUT CANACCORD FINANCIAL INC.:
Through its principal subsidiaries, Canaccord Financial Inc. is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and global capital markets. Since its establishment in 1950, Canaccord has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. Canaccord has 53 offices worldwide, including 37 Wealth Management offices located across Canada. Canaccord Genuity, the international capital markets division, operates in Canada, the U.S., the U.K., China, Hong Kong, Australia and Barbados.
Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on AIM, a market operated by the London Stock Exchange. Canaccord’s Series A Preferred Shares are listed on the TSX under the symbol CF.PR.A.
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2012年2月9日，北京 – Canaccord Financial Inc（简称“Canaccord”）和中国进出口银行（简称“进出口银行”）宣布将共同发起成立规模为10亿美元的中加自然资源基金。今天上午，进出口银行行长李若谷和Canaccord的总裁兼首席执行官Paul Reynold签署成立“中-加自然资源投资基金”的谅解备忘录，加拿大总理哈珀和中国国务院副总理李克强参加了签字仪式。
关于Canaccord Financial Inc：
通过其主要的子公司，Canaccord Financial Inc已经发展成为一家领先的、独立的、提供全方位金融服务的集团公司，并形成了两个主要的业务领域：财富管理和全球资本市场。自1950年成立以来，Canaccord一直坚定地致力于建立持续的客户关系。公司通过为个人、机构和公司客户提供全面的投资方案、承销服务和投资银行服务来实现这一目标。Canaccord目前在全球拥有53个办事机构，包括遍布加拿大的37个财富管理网点。CanaccordGenuity作为公司国际资本市场部门，在美国、英国、加拿大和巴巴多斯设有办事机构。
Howard Balloch 贝祥