SYDNEY, NSW, Australia, Feb. 20, 2013 /CNW/ - This press release is being disseminated as required by National Instrument 62-103 The Early Warning System and Related Take Over Bid 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 NiMin Energy Corp. ("NiMin") that were beneficially owned by CFS Wholesale Global Resources Fund (the "Fund"), an Australian registered fund, during the period that began on March 24, 2010 and ended on February 25, 2012 (the "Reporting Period"). The Fund has not beneficially owned or exercised control or direction over any Shares or Warrants of NiMin since September 21, 2012. 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 NiMin 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 NiMin. 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 NiMin's continuous disclosure record at www.SEDAR.com.
ENDSNote to editors: About Colonial First State Asset Management ( Australia) Limited Colonial First State Asset Management ( Australia) Limited is part of Colonial First State Global Asset Management, the consolidated asset management division of the Commonwealth Bank of Australia Group, one of the largest financial institutions in Australia. Colonial First State Global Asset Management is one of the largest Australian-based investment managers with offices in Sydney, Melbourne, Auckland, London, Edinburgh, Paris, New York, Hong Kong, Singapore, Jakarta and Tokyo. The Bank and its subsidiaries do not guarantee the performance of any funds invested or the repayment of capital. Investments are not deposits or other liabilities of the Bank or its subsidiaries and are subject to investment risk including loss of income and capital invested. At 31 December 2012, Colonial First State Global Asset Management managed more than US$160 billion across a diverse range of asset classes including Australian equities, global equities, global emerging market equities, global resource equities, global property securities, global listed infrastructure securities, global fixed interest and credit, emerging market debt and short term investments. In addition, we have a direct asset management business which offers investors specialist property and infrastructure investments. Our approach to investment is driven by a commitment to providing the best possible outcomes over the long term for our investors. To achieve this, we ensure our interests are aligned with our investors and uphold a culture of always acting responsibly. As such we have been a signatory to the United Nations Principles for Responsible Investment since March 2007 with our global investment teams integrating environmental, social and governance (ESG) factors into their investment processes.