News from 2004

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December 9, 2004

Another Income Fund’s Roots Lead to Belzberg: TorQuest Key Shareholder in Grandby Steel Tanks

This week, the initial public offering of Grandby Industries Income Fund was priced.

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July 11, 2004

CNC Global Limited Acquired by TorQuest Partners Inc.

Toronto, Ontario – Deal sets stage for growth in expanding staffing services market.

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January 19, 2004

Granby Steel Tanks Acquires Assets of Kamco Products Limited

Granby Steel Tanks, North America’s leading manufacturer of high quality steel storage tanks to the North American heating, air conditioning and plumbing market, has entered into an agreement to acquire the assets of Kamco Products Limited.

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The items presented were selected to demonstrate our investment strategy and philosophy and are not indicative of, and do not include, all press articles, investments, transactions, and outcomes over the represented period.