TORONTO, Nov. 21, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint”) announced that Ninepoint 2024 Short Duration Flow-Through Limited Partnership II (“the Partnership”) will proceed with a tax-deferred transfer of the Partnership’s assets into the Ninepoint Resource Fund Class, a class of shares of Ninepoint Corporate Fund Inc., an open-end mutual fund corporation (“Ninepoint Resource Fund Class”). “Mutual fund rollover transaction”).
In exchange for the assets of the Partnership, Ninepoint Resource Fund Class will issue Series A and F shares of the Partnership, which will be distributed to the limited partners of the Partnership in exchange for their Class A and F limited partnership interests of the Partnership. The Limited Partners will receive Ninepoint Resource Fund Class shares with a value equal to the value of the Partnership units they own in exchange for such units. The mutual fund rollover transaction will take place on or about February 6, 2026 after the close of business. The partnership will be dissolved on or about March 31, 2026.
The investment objective of the Ninepoint Resource Fund Class is to seek to achieve long-term capital growth by investing primarily in equities and equity-related securities of companies in Canada and throughout the world that are directly or indirectly involved in the natural resources sector. Ninepoint is the class manager of the Ninepoint Partnership and Resource Fund.
Additional information about the Ninepoint Resource Fund class can be found in the fund's simplified prospectus at: www.sedarplus.ca And www.ninepoint.com.
About Ninepoint Partners LP
Toronto-based Ninepoint Partners is one of Canada's leading alternative investment management firms, overseeing approximately $7 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that can enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies covering equities, fixed income, alternative income, real assets, foreign exchange and digital assets.
For more information about Ninepoint Partners LP, visit www.ninepoint.com or contact us at (416) 943-6707 or (866) 299-9906 or [email protected].
Certain statements included in this press release constitute forward-looking statements, including, without limitation, those identified by the expressions “expects,” “will,” and similar expressions as they relate to the Partnership. Forward-looking statements are not historical facts but rather reflect the Partnership's and Ninepoint's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Partnership and Ninepoint believe that the assumptions contained in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainties. Neither the Partnership nor Ninepoint undertakes any obligation to publicly update or otherwise revise any forward-looking statements or information, whether as a result of new information, future events or other similar factors that affect such information, except as required by law.
