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John Carswell Announces Holdings in Canso Credit Income Fund
TORONTO, July 04, 2024 (GLOBE NEWSWIRE) -- John Carswell announced today that on July 3, 2024, Lysander Funds Limited ("Lysander"), a company which Mr. Carswell beneficially owns, purchased additional Class A Units ("Class A Units") of Canso Credit Income Fund (TSX:PBY) (the "Issuer") pursuant to a Recirculation Agreement between the Issuer and RBC Dominion Securities Inc. dated July 16, 2010, as amended, and through the facilities of exchanges, including the Toronto Stock Exchange (the "Acquisition"). Mr. Carswell's indirect ownership of the Issuer increased by 408,655 Class A Units.
Prior to the Acquisition, Mr. Carswell beneficially owned or controlled, directly or indirectly, 1,056,110 Class A Units and 340 Class F units of the Issuer ("Class F Units"). Class F Units are convertible to Class A Units. Accordingly, assuming all of the Class F Units beneficially owned or controlled by Mr. Carswell were exercised for Class A Units (and no other Class F Units were exercised), Mr. Carswell would have beneficial ownership of ...