Mutual Fund Rollover TransactionJov Flow-Through Holdings Corp. (“Jov Flow-Through”), the promoter of Jov Diversified Flow-Through 2007 Limited Partnership (the ”Partnership”), and JovFunds Management Inc. (“JovFunds”) the manager of Jov Corporate Funds Ltd. (the ”Mutual Fund”), announce that the Partnerships have completed the transfer and sale (the “Rollover Transaction”) of all of the property and assets of the Partnerships on a tax deferred basis to the Mutual Fund in exchange for redeemable Series A Shares of the Jov Canadian Equity Class (the “Equity Class Shares”) effective Wednesday, September 30, 2009.
Conversion Information
Each Unit of Jov Diversified Flow-Through 2007 Limited Partnership was exchanged for 1.2052 Equity Class Shares of the Mutual Fund, based on a net asset value per Unit of $8.7888 for the Partnership and a net asset value per share of $7.2922 for each Equity Class Share. The Equity Class Shares are redeemable at the discretion of the Mutual Fund shareholder. Further Information
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| Telephone: | (416) 601-2500 |
| Toll Free: | (866) 514-6603 |
| Email: | info@jovfunds.com |
Jov 2007 Fall Fund rolled into Jov Canadian Equity Class Mutual Fund on September 30, 2009. |
| LP UNITS | |
| > | Net Asset Value at Rollover: $8.7888 |
| > | Adjusted Cost Base (ACB) at Rollover: $7.47478 |
| MUTUAL FUND SHARES | |
| > | Net Asset Value at Rollover: $7.2922 |
| > | Adjusted Cost Base (ACB) at Rollover: $6.20196 |
Exchange rate for each LP Unit was 1.2052 per Equity Class Shares of the Mutual Fund. |
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A final prospectus dated October 7, 2007 relating to these securities was filed with the securities commissions or similar authorities in each of the provinces and territories of Canada, and reference should be made to this prospectus for the full description of this offering.
