SYDNEY, NSW, Australia, Jan. 23, 2013 /CNW/ - This press release is being disseminated as required by National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the filing of historical early warning reports (the "Early Warning Reports") regarding the ordinary shares (the "Shares") and Share purchase warrants (the "Warrants") of Woulfe Mining Corp. ("Woulfe") that were beneficially owned by CFS Wholesale Global Resources Fund (the "Fund"), an Australian registered fund, during the period that began on December 19, 2009 and ended on December 31, 2012 (the "Reporting Period"). As at January 21, 2013, the Fund beneficially owned 17,970,581 Shares and 1,475,903 Warrants of Woulfe representing approximately 5.77% of the issued and outstanding Shares of Woulfe on a partially diluted basis, assuming exercise of the Warrants by, or on behalf of, the Fund. Each of the Early Warning Reports that have been filed in connection with the transactions in the Shares and Warrants that were conducted on behalf of the Fund during the Reporting Period are attached as Schedule A.
The Shares and Warrants of Woulfe were acquired by the Fund in the ordinary course of its business as an investment fund. The Shares and Warrants were not acquired for the purpose of acquiring, changing or influencing the control of Woulfe. The Fund may acquire or dispose of additional Shares or Warrants from time to time.
A copy of each of the Early Warning Reports attached as Schedule A may also be found on Woulfe's continuous disclosure record at www.SEDAR.com.
ENDSNote to editors: About Colonial First State Colonial First State and Colonial First State Global Asset Management comprise the main funds management entities forming part of the Commonwealth Bank Group of companies. Colonial First State is one of Australia's largest fund managers, with A$149 billion in funds under administration as at 31 August 2012. Colonial First State provides investment, superannuation and retirement products to individuals as well as to corporate and superannuation fund investors. Colonial First State is a leader in providing value for money, and have investment management expertise spanning Australian and global shares, property securities, direct property, infrastructure, cash, fixed interest and credit. Schedule A