Mr. Richard Usher-Jones of Lysander Funds reports
LYSANDER'S AUTOMATIC SECURITIES DISPOSITION PLAN IN UNITS OF CANSO CREDIT INCOME FUND COMMENCES TODAY
The Canso Credit Income Fund Class A units of an automatic securities disposition plan, established on March 30, 2026, in accordance with applicable Canadian securities legislation and Lysander's internal policies and as described in a press release dated March 30, 2026, have commenced trading.
As previously disclosed, under the 2026 ASDP, up to 1,561,297 Class A units of Canso Credit may be sold, at prevailing market prices, between April 15, 2026, and March 15, 2028. When the ASDP was established, Lysander provided its dealer, Portfolio HiWay Inc., clear trading limits including that Class A units of Canso Credit may be sold under the 2026 ASDP at prevailing market prices but subject to a limit of no less than the most recently published net asset value per unit, less a maximum discount of 2.0 per cent. At the time of the establishment of the 2026 ASDP, Lysander was not aware of or in possession of any material non-public information about Canso Credit or its securities.
Class A units of Canso Credit are listed and traded on the Toronto Stock Exchange. Canso Credit is a reporting issuer under the securities legislation in each of the provinces and territories in Canada. Lysander is the investment fund manager of Canso Credit.
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