Lysander’s Automatic Securities Disposition Plan in Units of Canso Credit Income Fund Commences Today

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Or sign-in if you have an account.TORONTO, April 15, 2026 (GLOBE NEWSWIRE) — Lysander Funds Limited (“Lysander”) announces that the automatic securities disposition plan (the “2026 ASDP”) with respect to its holdings of Class A units of Canso Credit Income Fund (“CCIF”), established on March 30, 2026 in accordance with applicable Canadian securities legislation and Lysander’s internal policies and as described in a press release dated March 30, 2026, commences trading today.Subscribe now to read the latest news in your city and across Canada.Subscribe now to read the latest news in your city and across Canada.Create an account or sign in to continue with your reading experience.Create an account or sign in to continue with your reading experience.As previously disclosed, under the 2026 ASDP, up to 1,561,297 Class A units of CCIF may be sold, at prevailing market prices, between April 15, 2026 and March 15, 2028. When the ASDP was established, Lysander provided its dealer, Portfolio HiWay Inc. (“PHW”), clear trading parameters, including that Class A units of CCIF may be sold under the 2026 ASDP at prevailing market prices but subject to a limit of no less than the most recently published net asset value per unit, less a maximum discount of 2.0%. At the time of the establishment of the 2026 ASDP, Lysander was not aware of or in possession of any material non-public information about CCIF or its securities.Class A units of CCIF are listed and traded on the Toronto Stock Exchange (TSX: PBY.UN). CCIF is a reporting issuer under the securities legislation in each of the provinces and territories in Canada. Lysander is the investment fund manager of CCIF.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.AboutLysanderLysander is the investment fund manager of CCIF. The head office of Lysander is located at 3080 Yonge Street, Suite 4000, Toronto, Ontario M4N 3N1.For further information on Lysander, please visit www.lysanderfunds.com, email manager@lysanderfunds.com or you can reach Lysander at 1-877-308-6979.Richard Usher-Jones PresidentLysander Funds LimitedTel. No. 416-640-4275Fax No. 416-855-6515You will usually pay brokerage fees to your dealer if you purchase or sell Class A units of CCIF on the TSX. If the Class A units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying Class A units of CCIF and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure document that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.Forward-LookingStatementDisclaimerThis release contains certain information which, as presented, may constitute “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information involves statements that relate to future events and often addresses anticipated or expected future business and financial performance and contains words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions both positive and negative and includes, but is not limited to, statements regarding the anticipated commencement and sale of Class A units under the 2026 ASDP.Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Lysander to control or predict, and which may cause Lysander’s or CCIF’s actual results, performance or achievements to be materially different from those expressed or implied thereby. Such statements reflect the current view of Lysander with respect to future events, are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Lysander as of the date of such statements, are inherently subject to significant economic, market and financial uncertainties and contingencies. In making forward looking statements, Lysander may make various material assumptions, including but not limited to (i) the interests of investors in purchasing the Class A units; (ii) the expected price for the sales of Class A units; (iii) the ability of the dealer to sell the Class A units; and (iv) general business, market and economic conditions.Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein and in CCIF’s annual information form and continuous disclosure which are available on CCIF’s profile on SEDAR+ at www.sedarplus.ca. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and neither Lysander nor CCIF undertake any obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as may be required by applicable Canadian securities laws. Readers are cautioned against attributing undue certainty to forward-looking statements.Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information.