GMP Converts Into Income Fund

GMP Capital Corp. completed its conversion into an income fund by way of a plan of arrangement on December 1, 2005. Approximately 29 million shares were exchanged for units of GMP Capital Trust or exchangeable limited partner units of Griffiths McBurney LP valued at over $1 billion. Contemporeaneously with the conversion, GMP Private Client Ltd. (the full-service investment subsidiary of GMP Capital Corp. focused on high net worth private individuals) was reorganized.

GMP was represented by Goodmans LLP with a team led by Jonathan Lampe and Francesca Guolo that included Gesta Abols, Krista Coburn, Jill Nelson and Brenda Gosselin (corporate/securities), Jon Northup and Peter Jovicic (tax), Ken Wiener (regulatory), Joe Morrison (employment) and Amalia Trister (IP).