THE RELATED ISSUER DECLARATION
Transparency and disclosure are fundamental to the way we do business at Windstone Capital. We make every effort to ensure that our investors, shareholders, employees, portfolio companies, and all other parties with whom we do business can rely on us to act responsibly and ethically. Our fundamental values describe our deep commitment to professionalism, fairness, and integrity.
Windstone Capital, a registered corporation exempt market dealer, investment fund manager, and portfolio manager, to disclose online when they trade in or advise with respect to securities of certain issuers to which they, or certain other parties related to them, are related or connected (“Related Issuer” or “Related Issuers”).
Windstone Capital sells securities of its Related Issuers, and since these transactions may create a conflict of interest between our interests and yours, we are obligated by Canadian securities law to disclose a number of pertinent details regarding the transactions. Before recommending securities of a Related Issuer, Windstone Capital provides a relationship disclosure document to all clients in order to effectively manage these conflicts of interest.
ISSUER DISCLAIMER
IMPORTANT INFORMATION: This communication is solely for informational purposes and does not constitute an invitation to invest in Windstone Capital or any of its Related Issuers. Investing in a Related Issuer is fraught with danger. Recipients of this document who are considering investing in a Related Issuer are reminded that any such investment must not be based on the information contained in this document, but rather on the information contained in a Confidential Offering Memorandum (the “Offering Memorandum”) provided by the Related IssuerUpon request, an A copy of the Offering Memorandum is available to Windstone Capital. The integrity and completeness of the information presented here are not guaranteed, despite the fact that it has been compiled from sources deemed reliable.
There is presently no secondary market through which Related Issuers’ trust units can be sold, and it cannot be guaranteed that such a market will develop. Returns on investments in trust units cannot be compared to returns on investments in fixed-income securities. Recovery of an initial investment is in jeopardy, and the expected return on such an investment is contingent on numerous performance assumptions. The Related Issuers propose to make cash distributions to unitholders, but such distributions may be reduced or suspended. The actual quantity distributed will depend on a number of variables, including the financial performance of the Related Issuer, debt covenants and obligations, interest rates, working capital needs, and future capital needs. In addition, the market value of the Related Issuer’s trust units may decline significantly if the Related Issuer is unable to meet its future cash distribution objectives. It is essential for an investor to consider the specific risk factors that may influence the industry in which it invests and, consequently, the stability of the distributions it receives. There is no assurance that the income tax laws and treatment of mutual fund trusts will not be altered in a manner detrimental to the Related Issuers.
Although the information on this website is intended to be accurate, no representation or warranty is made as to its veracity or reliability. Prospective purchasers of securities of Related Issuers should not rely on the information contained on this website except to the extent such information is included in the most recent Offering Memorandum.
This website is not intended to provide investment, financial, legal, tax, or accounting advice in any way. Prospective investors should contact their own professional or other advisors or a securities dealer duly registered in the jurisdiction in which they reside to determine whether securities of Related Issuers may be lawfully sold in the jurisdiction in which they reside and to obtain the appropriate investment, financial, legal, tax, or accounting advice.
PAST PERFORMANCE MAY NOT BE REPEATED. Investing in trust units of Related Issuers is fraught with substantial risk, and the value of an investment may fall as well as rise. There is no performance guarantee. An investment in a Related Issuer is not intended to be a comprehensive investment programme and should be made only after consultation with independent investment and tax advisors. Only investors who do not require immediate liquidity of their investment should contemplate the purchase of Related Issuers trust units. The hazards associated with this form of investment may be higher than those associated with other investment types. Please refer to the Offering Memorandum for additional information regarding the hazards associated with investing in the Related Issuer.
This communication includes “forward-looking information” as defined by applicable securities laws. Forward-looking information may pertain to future events or the performance of the Related Issuer. Forward-looking information includes, but is not limited to, information about the Related Issuer’s distributions, growth potential and volatility, investor returns, capacity to achieve operational efficiencies, and other non-historical statements. There is no assurance that actual results will be consistent with these forward-looking statements, which are based on reasonable assumptions as determined by the management of the Related Issuer. Numerous assumptions, risks and uncertainties, both known and unknown, contribute to the possibility that the forward-looking statements will not occur and may cause actual results to differ materially from those anticipated by such forward-looking statements. Some of these hazards are discussed in the Offering Memorandum’s “Risk Factors” section. These forward-looking statements are made as of the date of this communication, and the Related Issuer is under no obligation to amend any forward-looking statements after the date of this communication except as mandated by applicable law.