Marret Asset Management Announces Special Distribution Related to the Sale of New Elk Coal Company, LLC, by Cline Mining Corporation

TORONTO — Marret Asset Management Inc. (“Marret”) announces that Marret High Yield Strategies Fund (“MHY”) (CSE: MHY.UN) will pay a distribution in the amount of $0.0952 per unit on December 31, 2021 to unitholders of record on December 23, 2021. This distribution is in connection with the termination and continued liquidation of the Private Portfolios. Marret Multi-Strategy Income Fund (“MMF”) (CSE: MMF.UN) will not pay a distribution as its liabilities exceed the amounts received from Cline Mining Corporation relating to the Deferred Closing Payment. Read More