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DOCUMENTATION

CGE Resources Limited Partnership 2006

Legal Documents
Tax Deductions
Priority sectors
Summary of the offering
Distribution of assets

 

NEWS FROM THE GENERAL PARTNER

October 12, 2007

 

Dear Limited Partners,

 

The stock certificates of the Mining companies in which we have invested in 2006, have been handed out to the transfer agents for split according to your investment.

 

As for the subscription bonds, they will be split by the Mining companies themselves. If we take into consideration the delays concerning the production and the registration of the split certificates and the usual delays of courier, you should receive from CGE Resources your stock certificates and your subscription bonds towards the end of October.

 

On another note, we have received the Opinions of our tax specialists of Raymond Chabot Grant Thornton and our lawyers from Stein Monast concerning the distribution of assets of CGE Resources Limited Partnership. The complete operation of the distribution of assets is well on its way.

 

Sincere Regards, 

 

CGE RESOURCES LIMITED PARTNERSHIP (2006)

 

 

 

DISTRIBUTION OF ASSETS

CGE Resources Limited Partnership (2006)

 

Following the Extraordinary Assembly held by the limited partners last August 2nd at 11h00 in the offices of Desjardins Ducharme L.L.P. located at 600 de la Gauchetiere West, suite 2400, Montreal, Quebec, it was decided that:

 

according to the vote of 78% of the units held by the limited partners present or represented by proxy at the assembly, in favor of the adoption of the section "distribution of assets of the Limited Partnership" in the days schedule, the CGE Resources Limited Partnership would be dissolved and the assets would be distributed according to the terms of disposition in the limited partnership agreement.

 

The President of the CGE Resources Limited Partnership, Mr. Clément C. Gagnon, is currently engaged in the process of the distribution of assets of the Limited Partnership alongside the professionals of Stein Monast (previously Desjardins Ducharmes) and Raymond Chabot Grant Thornton, and will ensure that all the necessary documents will be available to the limited partners and all financial means necessary for the distribution of assets are met.

 

The Limited Partners shall receive shortly their share certificates and their warrants registered in their name.

Investment in these mining sector companies:

Name of the Company

Web site

Ticker

Price at

2006-12-31

MDN Inc.

www.xnord.com

MDN (TSX)

$0.79

Golden Valley Mines Ltd.

www.goldenvalleymines.com

GZZ (TSX-V)

$0.50

Sirios Resources Inc.

www.sirios.com

SOI (TSX-V)

$0.44

Société d’exploration minière Vior Inc.

www.vior.ca

VIO (TSX-V)

$0.20

Diadem Resources Ltd.

www.diademresources.com

DRL (TSX-V)

$0.35

Majescor Resources Inc.

www.majescor.com

MAJ (TSX-V)

$0.15

Kodiak Exploration Ltd.

www.kodiakexp.com

KXL (TSX-V)

$0.87

Wesdome Gold Mines Ltd.

www.wesdome.com

WDO (TSX)

$2.24

Stock quotes of these companies available on Yahoo Finance following this link:
[ Yahoo! Quotes ]

Net asset value per month per $1000 of investment:

Dec. 2006 $770.55
Jan. 2007 $839.44
Feb. 2007 $911.05
March 2007 $865.01
April 2007 $807.34
May 2007 $678.67
June 2007 $668.37
July 2007 $685.15
Aug. 2007 $486.43
Sept. 2007 $571.54
Oct. 2007 $955.55
Nov. 2007        Distribution of assets - CGE Resources Limited Partnership 2006
Dec. 2007        Distribution of assets - CGE Resources Limited Partnership 2006