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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Comment by ZincDink1on Jul 24, 2020 5:23pm
128 Views
Post# 31316992

RE:various

RE:variousThis talk of who owned what got me interested. I looked at Management Information Circulars for the years I could find. From 2009 to 2006, Guardian Capital owned 2814842 shares. In 2010, only Xstra owned more than 10 % as special units (what GC currently holds). 2011, Clearwater Capital owned 4112900

In 2019, Polar had 4038973 and apparently less than 10 percent in 2020. Extract Capital had 3950000 in 2019 and 5198200 in 2020.

So, today, Extract Capital is the biggest holder besides GC. No one elses triggered the 10 % to make the circular.
 
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