Middlefield Global Real Asset Fund Announces Normal Course Issuer Bid

The Fund had 9,409,354 units issued and outstanding as at November 30, 2021. The Fund may, during the 12-month period commencing December 13, 2021 purchase on the TSX up to 936,715 units, being 10% of the public float and may not, in any 30-day period, purchase more than 188,187 units, being 2% of the units issued and outstanding. The Fund will hold in treasury for resale all units purchased pursuant to the bid. As at November 30, 2021 the Fund had purchased 329,900 units on the TSX at an average price of $9.08 per unit under its previously approved normal course issuer bid. The Fund had the ability to purchase up to 975,745 units under its last NCIB. The manager of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds. Read More