Business NewsMarketWire • Proposed Change of Manager of Redwood Energy Growth Class

Proposed Change of Manager of Redwood Energy Growth Class

Proposed Change of Manager of Redwood Energy Growth Class

TORONTO, ONTARIO--(Marketwired - Nov. 6, 2013) - Redwood Asset Management Inc. ("Redwood") and Aston Hill Asset Management Inc. ("Aston Hill") are pleased to announce that they have entered into an agreement dated November 6, 2013 (the "Agreement") pursuant to which the manager of Redwood Energy Growth Class (the "Fund"), the only outstanding class of mutual fund shares of Ark Resource Corp. ("Ark Corp."), is proposed to be changed from Redwood to Aston Hill (the "Change of Manager"), subject to the receipt of all necessary securityholder and regulatory approvals.

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