Redwood Asset Management: Redwood Asset Management Inc. Announces Exchange Ratios for the Merger of Canadian 50 Advantaged Preferred Share Fund Into Redwood Canadian Preferred Share Fund

TORONTO, Dec. 21, 2017 (GLOBE NEWSWIRE) - Redwood Asset Management Inc. (the "Manager"), the manager of Canadian 50 Advantaged Preferred Share Fund ("Canadian 50") (TSX:CPF.UN), announced today the exchange ratios for the merger (the "Merger") of Canadian 50 and the Redwood Canadian Preferred Share Fund (the "Continuing Fund") (NEO:RPS). Pursuant to the Merger, each holder of Class A units and Class F units of Canadian 50 will automatically receive 0.701142 ETF units and 0.735713 ETF units, respectively, of the Continuing Fund for each Class A unit and Class F unit of Canadian 50 held, on the effective date of the [...]