Brompton Completes Merger of Certain Funds Jul 4, 2008 05:50PM

TORONTO, ONTARIO -- (MARKET WIRE) -- 07/04/08 -- Brompton Funds is pleased to announce the completion of the merger of Brompton Stable Income Fund (TSX: BSR.UN) ("BSR"), Brompton Equal Weight Income Fund (TSX: EWI.UN) ("EWI"), Business Trust Equal Weight Income Fund (TSX: BWI.UN) ("BWI"), BG Top 100 Equal Weighted Income Fund (TSX: BTH.UN) ("BTH"), Brompton Tracker Fund (TSX: BTF.UN) ("BTF") and BG Income + Growth Split Trust (TSX: BDS.UN)(TSX: BDS.PR.A) ("BDS") into Brompton VIP Income Fund (TSX: VIP.UN) ("VIP") effective July 4, 2008. This merger was approved at a special meeting of securityholders held on June 9, 2008 as part of the reorganization of these funds to address the expected tax on income trusts in 2011.

The merger was implemented on a tax-deferred rollover basis for unitholders at an exchange ratio calculated as the net asset value ("NAV") per unit of each merging fund divided by the NAV per unit of VIP, the continuing fund, each determined as at the close of business on July 3, 2008. The table below provides the respective exchange ratios and NAV per unit for each of the Funds at such time.


                        Exchange Ratio     NAV Per Unit
                 VIP.UN       1.000000         $13.5846
                 BSR.UN       0.965166         $13.1114
                 EWI.UN       0.858310         $11.6598
                 BWI.UN       0.691945         $ 9.3998
                 BTH.UN       0.736385         $10.0035
                 BTF.UN       0.666423         $ 9.0531
                 BDS.UN       1.013000         $13.7612

Unitholders of the funds are not required to take any action in order to be recognized as a unitholder of VIP. Former unitholders of the merging funds who wish to participate in the distribution reinvestment plan ("DRIP") can enrol in the DRIP program by contacting their Investment Advisor and requesting that they be enrolled in the Brompton VIP Income Fund Distribution Reinvestment Plan.

Preferred securities of BDS will be automatically exchanged for 6.0% preferred securities of VIP (ticker symbol VIP.PR.A) and preferred securityholders will be considered to have disposed of their BDS preferred securities for proceeds equal to $10.00 per preferred security upon the exchange.

Prior to the opening of trading on July 7, 2008, VIP will have approximately 58.4 million units outstanding and a market capitalization of approximately $780 million. Units of VIP issued pursuant to the merger will trade under the symbol VIP.UN beginning on July 7, 2008. As part of the reorganization, the monthly distribution rate for unitholders of record of VIP on July 31, 2008 will be increased to $0.10 per unit, which represents an 11% increase over the distribution rate paid prior to the fund reorganization.

For additional information regarding the reorganization, please visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the funds publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contacts:
Brompton Funds Management Limited
David E. Roode
Senior Vice President
(416) 642-6008

Brompton Funds Management Limited
Investor relations
(416) 642-9051 or Toll Free: 1-866-642-6001
Website: www.bromptongroup.com


Brompton Completes Merger of Certain Funds Jul 4, 2008 05:50PM

TORONTO, ONTARIO--(Marketwire - July 4, 2008) - Brompton Funds is pleased to announce the completion of the merger of Brompton Stable Income Fund (TSX: BSR.UN) ("BSR"), Brompton Equal Weight Income Fund (TSX: EWI.UN) ("EWI"), Business Trust Equal Weight Income Fund (TSX: BWI.UN) ("BWI"), BG Top 100 Equal Weighted Income Fund (TSX: BTH.UN) ("BTH"), Brompton Tracker Fund (TSX: BTF.UN) ("BTF") and BG Income + Growth Split Trust (TSX: BDS.UN)(TSX: BDS.PR.A) ("BDS") into Brompton VIP Income Fund (TSX: VIP.UN) ("VIP") effective July 4, 2008. This merger was approved at a special meeting of securityholders held on June 9, 2008 as part of the reorganization of these funds to address the expected tax on income trusts in 2011.

The merger was implemented on a tax-deferred rollover basis for unitholders at an exchange ratio calculated as the net asset value ("NAV") per unit of each merging fund divided by the NAV per unit of VIP, the continuing fund, each determined as at the close of business on July 3, 2008. The table below provides the respective exchange ratios and NAV per unit for each of the Funds at such time.



                        Exchange Ratio     NAV Per Unit
                 VIP.UN       1.000000         $13.5846
                 BSR.UN       0.965166         $13.1114
                 EWI.UN       0.858310         $11.6598
                 BWI.UN       0.691945         $ 9.3998
                 BTH.UN       0.736385         $10.0035
                 BTF.UN       0.666423         $ 9.0531
                 BDS.UN       1.013000         $13.7612


Unitholders of the funds are not required to take any action in order to be recognized as a unitholder of VIP. Former unitholders of the merging funds who wish to participate in the distribution reinvestment plan ("DRIP") can enrol in the DRIP program by contacting their Investment Advisor and requesting that they be enrolled in the Brompton VIP Income Fund Distribution Reinvestment Plan.

Preferred securities of BDS will be automatically exchanged for 6.0% preferred securities of VIP (ticker symbol VIP.PR.A) and preferred securityholders will be considered to have disposed of their BDS preferred securities for proceeds equal to $10.00 per preferred security upon the exchange.

Prior to the opening of trading on July 7, 2008, VIP will have approximately 58.4 million units outstanding and a market capitalization of approximately $780 million. Units of VIP issued pursuant to the merger will trade under the symbol VIP.UN beginning on July 7, 2008. As part of the reorganization, the monthly distribution rate for unitholders of record of VIP on July 31, 2008 will be increased to $0.10 per unit, which represents an 11% increase over the distribution rate paid prior to the fund reorganization.

For additional information regarding the reorganization, please visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the funds publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Brompton Funds Management Limited
        David E. Roode
        Senior Vice President
        (416) 642-6008

        Brompton Funds Management Limited
        Investor relations
        (416) 642-9051 or Toll Free: 1-866-642-6001
        Website: www.bromptongroup.com

Source: BG Income + Growth Split Trust


Valterra Announces Non-Brokered Private Placement Jul 4, 2008 05:48PM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 4, 2008) - Valterra Resource Corporation (CNQ: VALT) reported today that the company has agreed to issue 1.0 million units in a non-brokered private placement at a price of C$0.25 per unit to raise C$250,000. Each unit offering will consist of one common share and one half share purchase warrant, with each full warrant exercisable to purchase one additional common share at an exercise price of C$.30 per share for a period of eighteen months.

The private placement and finders fees are subject to regulatory approval.

On behalf of the Board of Directors,

Lawrence Page, Q.C., President, Director

Valterra Resource Corporation

This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Valterra Resource Corporation relies upon litigation protection for forward looking statements.

The CNQ Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Valterra Resource Corporation
        Jay Oness
        1-888-456-1112 or (604) 684-9384
        Email: corpdev@mnxltd.com

Source: Valterra Resource Corporation


Goldcorp Provides Information on Marlin Power Supply Interruptions Jul 4, 2008 05:43PM

VANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 07/04/08 -- GOLDCORP INC. (TSX: G)(NYSE: GG) today announced that the Marlin mine in Guatemala has experienced power interruptions as a result of tampering with lines supplying power to the mine site, resulting in periodic idling of the mill facility. Mining activities at the underground and open pit have been largely unaffected and ore continues to be stockpiled on site.

The interference with the operation of the power line is being carried out by a landowner with whom Goldcorp has an existing right-of-way agreement since 2004. The agreement provides monetary compensation in exchange for access for the passage and proper maintenance of the power line. In keeping with its commitment to the Voluntary Principles on Security and Human Rights, Goldcorp has made extensive efforts to work cooperatively with the landowner, including a provision for additional compensation as requested, attempts to re-route power lines and through mediation with the third party independent Human Rights Ombudsman for Guatemala. Goldcorp continues to seek an equitable solution and is working with local and national officials in Guatemala to resolve this issue as quickly and fairly as possible.

Goldcorp's primary concern is for the safety of the residents, its employees and other individuals in the vicinity of the power line's route. The 69 Kv line carries electrical loads that can result in fire, severe injuries and death in the event of improper contact. Unplanned power outages at the mine site can also have severe safety consequences for Goldcorp employees.

About Marlin Mine

Marlin mine is expected to produce approximately 250,000 ounces of gold per year and approximately 4 million ounces of silver per year over its mine life. Goldcorp is the largest single employer in the region, employing over 800 Guatemalans and paying among the highest wages in the country. On average, the mine generates weekly tax receipts to the Guatemalan government of approximately US$355,000. In addition, weekly royalty receipts of approximately US$78,000 are split equally between the Guatemalan government and the local municipality of San Miguel Ixtahuacan. For San Miguel Ixtahuacan, receipt of royalty payments has resulted in substantial infrastructure improvements in the area, including roads, public works, and reliable power. Tax and royalty payments have been delayed as a result of the power issue. For more information on Goldcorp's community relations activities in Guatemala, please visit the website at www.goldcorp.com.

Goldcorp is the lowest-cost and fastest growing multi-million ounce gold producer with operations throughout the Americas. Its gold production remains 100% unhedged.

Cautionary Note Regarding Forward-Looking Statements

This presentation contains "forward-looking statements", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Goldcorp Inc. ("Goldcorp"). Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, silver, copper, lead and zinc, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, hedging practices, currency exchange rate fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, timing and possible outcome of pending litigation, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Goldcorp to be materially different from those expressed or implied by such forward-looking statements, including but not limited to:

risks related to the integration of acquisitions; risks related to international operations; risks related to joint venture operations; actual results of current exploration activities; actual results of current reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold, silver, copper, lead and zinc; possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes; delays in obtaining governmental approvals or financing or in the completion of development or construction activities and other risks of the mining industry, as well as those factors discussed in the section entitled "Description of the Business - Risk Factors" in Goldcorp's annual information form for the year ended December 31, 2006 available at www.sedar.com. Although Goldcorp has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Goldcorp does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.

Contacts:
Goldcorp Inc.
Jeff Wilhoit
Vice President, Investor Relations
(604) 696-3074
(604) 696-3001 (FAX)
Email: info@goldcorp.com
Website: www.goldcorp.com


Goldcorp Provides Information on Marlin Power Supply Interruptions Jul 4, 2008 05:43PM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 4, 2008) - GOLDCORP INC. (TSX: G)(NYSE: GG) today announced that the Marlin mine in Guatemala has experienced power interruptions as a result of tampering with lines supplying power to the mine site, resulting in periodic idling of the mill facility. Mining activities at the underground and open pit have been largely unaffected and ore continues to be stockpiled on site.

The interference with the operation of the power line is being carried out by a landowner with whom Goldcorp has an existing right-of-way agreement since 2004. The agreement provides monetary compensation in exchange for access for the passage and proper maintenance of the power line. In keeping with its commitment to the Voluntary Principles on Security and Human Rights, Goldcorp has made extensive efforts to work cooperatively with the landowner, including a provision for additional compensation as requested, attempts to re-route power lines and through mediation with the third party independent Human Rights Ombudsman for Guatemala. Goldcorp continues to seek an equitable solution and is working with local and national officials in Guatemala to resolve this issue as quickly and fairly as possible.

Goldcorp's primary concern is for the safety of the residents, its employees and other individuals in the vicinity of the power line's route. The 69 Kv line carries electrical loads that can result in fire, severe injuries and death in the event of improper contact. Unplanned power outages at the mine site can also have severe safety consequences for Goldcorp employees.

About Marlin Mine

Marlin mine is expected to produce approximately 250,000 ounces of gold per year and approximately 4 million ounces of silver per year over its mine life. Goldcorp is the largest single employer in the region, employing over 800 Guatemalans and paying among the highest wages in the country. On average, the mine generates weekly tax receipts to the Guatemalan government of approximately US$355,000. In addition, weekly royalty receipts of approximately US$78,000 are split equally between the Guatemalan government and the local municipality of San Miguel Ixtahuacan. For San Miguel Ixtahuacan, receipt of royalty payments has resulted in substantial infrastructure improvements in the area, including roads, public works, and reliable power. Tax and royalty payments have been delayed as a result of the power issue. For more information on Goldcorp's community relations activities in Guatemala, please visit the website at www.goldcorp.com.

Goldcorp is the lowest-cost and fastest growing multi-million ounce gold producer with operations throughout the Americas. Its gold production remains 100% unhedged.

Cautionary Note Regarding Forward-Looking Statements

This presentation contains "forward-looking statements", within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Goldcorp Inc. ("Goldcorp"). Forward-looking statements include, but are not limited to, statements with respect to the future price of gold, silver, copper, lead and zinc, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, hedging practices, currency exchange rate fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, timing and possible outcome of pending litigation, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Goldcorp to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the integration of acquisitions; risks related to international operations; risks related to joint venture operations; actual results of current exploration activities; actual results of current reclamation activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of gold, silver, copper, lead and zinc; possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes; delays in obtaining governmental approvals or financing or in the completion of development or construction activities and other risks of the mining industry, as well as those factors discussed in the section entitled "Description of the Business - Risk Factors" in Goldcorp's annual information form for the year ended December 31, 2006 available at www.sedar.com. Although Goldcorp has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Goldcorp does not undertake to update any forward-looking statements that are included in this document, except in accordance with applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Goldcorp Inc.
        Jeff Wilhoit
        Vice President, Investor Relations
        (604) 696-3074
        Fax: (604) 696-3001 (FAX)
        Email: info@goldcorp.com
        Website: www.goldcorp.com

Source: Goldcorp Inc.


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