November 12, 2020
Bridging Finance Inc. (“Bridging“) would like to congratulate our partners in the Mi’kmaq First Nations on a truly historic day for Indigenous communities across Canada. The partnership between the Mi’kmaq First Nations Coalition and Premium Brands to purchase Clearwater Seafoods worth over $1B is “the single largest investment in the seafood industry by any Indigenous group in Canada,” said a news release jointly issued by the Coalition and Clearwater. The release continues by saying “This strategic investment represents a transformational change in Canadian fisheries, catapulting First Nations into a leading global position in the seafood industry”. From David Sharpe, CEO of Bridging Finance and member of the Mohawks of the Bay of Quinte First Nation: “We are proud of our Mi’kmaq partners in leading the way in Indigenous economic reconciliation in Canada. This transaction serves as a model for engagement and execution in creating wealth for Indigenous groups and a stronger Canada.”
Bridging is a proud leader in the fight for economic reconciliation and is thrilled to see the continued momentum of investment and inclusion of Indigenous communities in the growth of the Canadian economy. The Bridging Indigenous Impact Fund, which was recently awarded 2nd place in the Best 1 Year Return in the Private Debt category at the 2020 Canadian Hedge Fund Awards, has been a catalyst for Indigenous economic development and reconciliation. Across Bridging’s suite of funds, approximately $600 million in First Nation loans and $100 million in Inuit loans have been deployed throughout Canada and we are excited about the countless opportunities that still exist.
Congratulations again to the Mi’kmaq First Nations!
Please contact us if you would like any further information and we thank you for your continued support.
Ian Baele, Senior Vice President, Sales – C: (416) 937-7641, firstname.lastname@example.org
Scott Miller, Director, Sales – C: (647) 984-7524, email@example.com
David Sharpe, Chief Executive Officer – C: (647) 981-5658, firstname.lastname@example.org;
The Bridging Indigenous Impact Fund is generally exposed to the following risks. See the offering memorandum of the Bridging Indigenous Impact Fund for a description of these risks: Speculative Investments; Limited Operating History for the Trust; Distributions and Allocations; Class Risk; Repayment of Certain Distributions; Dependence of Manager on Key Personnel; Reliance on the Manager; Possible Effect of Redemptions; Tax Liability; Potential Indemnification Obligations; Not a Public Mutual Fund; Changes in Investment Strategies; Valuation of the Trust’s Investments; Lack of Independent Experts Representing Trustee’s; No Involvement of Unaffiliated Selling Agent; General Economic and Market Conditions; Liquidity of Underling Investments; Credit Risk; Impaired Loans; No Insurance; Joint Ventures and Co-Investments; Litigation; Fixed Income Securities; Equity Securities; Possible Correlation With Traditional Investments; Idle Cash; Currency Risk; Concentration.
The Bridging Indigenous Impact Fund is offered on a private placement basis pursuant to an offering memorandum and is only available to investors who meet certain eligibility or minimum purchase amount requirements under applicable securities legislation. The offering memorandum contains important information about the Bridging Indigenous Impact Fund including its investment objectives and strategies, purchase options, applicable management fees, performance fees, other charges and expenses, and should be read carefully before investing. Performance data represents past performance of the Bridging Indigenous Impact Fund and is not indicative of future performance. Data based on performance history of less than five years may not give prospective investors enough information to base investment decisions on. Please contact your own personal advisor on your particular circumstances. This communication does not contain an offer to sell or solicitation to purchase securities of the Bridging Indigenous Impact Fund. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not residents in Canada should contact their financial advisor to determine whether securities of the Bridging Indigenous Impact Fund may be lawfully in their jurisdiction.
Bridging Finance Inc. is the Manager of the Bridging Indigenous Impact Fund. (November/2020)