| | Tue Jun 24, 2008
CANADIAN SMALL CAP RESOURCE FUND 2006 No. 1 LIMITED PARTNERSHIP ("the Partnership") Unit Holders Vote in Favour of Extending Dissolution Date
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| | Vancouver, BC - June 24, 2008 - Canadian Small Cap Resource Fund 2006 No.1 Management Ltd., the General Partner of the Partnership, is pleased to announce that the Unit Holders of the Partnership have voted overwhelmingly in favour of the General Partner's proposal to extend the end dissolution date of the Partnership from June 30, 2008 to June 30, 2009.
"We're very pleased that Unit Holders have voted to extend the dissolution date of the Partnership," said Stephen Wilkinson CEO, of the General Partner.
"This extension will allow us to liquidate the Partnership's portfolio in a more orderly manner, and will assist us in our efforts to maximize returns to our investors."
Canadian Small Cap Resource Fund 2006 No. 1 Management Ltd. is a wholly owned subsidiary of NovaDX Ventures Corp.
Further information on the Partnership and the other Canadian Small Cap Resource Funds, please visit our website at: www.cscrf.ca.
NOT FOR DISTRIBUTION IN THE UNITED STATES OR UNITED STATES WIRE SERVICES
On behalf of the General Partner:
Stephen Wilkinson
President & Chief Executive Officer
1-888-350-8818
604-331-1223
About the CSCRF Group: Canadian Small Cap Resource Funds is a leading, Vancouver-based investment management company that creates and distributes limited partnerships that invest in flow-through shares of Canadian junior mining and energy companies. CSCRF is a subsidiary of NovaDX Ventures Corp (NDX-V). For more information on the CSCRF Group, please visit www.cscrf.ca.
About NovaDX Ventures: NovaDX is a Vancouver-based investment firm whose primary focus is on providing merchant banking and other business advisory services to micro-cap natural resource issuers, a largely overlooked but important sector of the equity markets. NovaDX's business plan involves seeking out investment opportunities in companies that have quality management and projects that demonstrate an above average opportunity for new resource discoveries. NovaDX works closely with management of these companies with the objective of mitigating risk and enhancing the value of its investments. NovaDX intends to pursue opportunities in North America and abroad. NovaDX seeks a return on its investments supplemented with revenue from investment banking, investment management and advisory services. For more information please visit www.novadx.com.
For more information, call Rick Peterson or Adam Ho at 604-633-2776. |
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| | You can view the Next CSCRF Corporate News item: Tue Jun 24, 2008, CANADIAN SMALL CAP RESOURCE FUND 2006 No. 2 LIMITED PARTNERSHIP ("the Partnership") Unit Holders Vote in Favour of Extending Dissolution Date
You can view the Previous CSCRF Corporate News item: Wed Apr 9, 2008, Faircourt CSCRF 2008 No. 1 Limited Partnership Completed $5.3 Million Offering
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