Form 6-K CENTRAL FUND OF CANADA For: Jun 18
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of: June 2015
Commission File No.: 001-09038
CENTRAL FUND OF CANADA LIMITED
(Translation of registrant's name into English)
Suite 805, 1323 - 15th Avenue S.W., Calgary, Alberta, Canada T3C 0X8
(Address of principal executive office)
[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F o Form 40-F þ
[Indicate by check mark whether the registrant by furnishing the information in this Form is also hereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES o NO þ
[If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A]
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
CENTRAL FUND OF CANADA LIMITED | ||||
(Registrant) | ||||
Date: | June 18, 2015 | By: | /s/ J.C. STEFAN SPICER | |
(Signature) | ||||
J.C. Stefan Spicer, President & CEO |
EXHIBIT INDEX
CENTRAL FUND OF CANADA LIMITED
Exhibit to Form 6-K for Press Release filing on June 18, 2015
Form 6-K
Exhibit 99.1: | Press Release - June 18, 2015 |
Central Fund Receives Meeting Requisition from Holders of Class A Non-Voting Shares |
Exhibit 99.1
CENTRAL FUND OF CANADA LIMITED
Central Fund Receives Meeting Requisition from Holders of Class A Non-Voting Shares
June 18, 2015
Central Fund of Canada Limited ("Central Fund") (Symbols: NYSE MKT - CEF, TORONTO - CEF.A and CEF.U) today announced that it has received a requisition from Sprott Asset Management LP stated to be on behalf of registered holders and/or beneficial owners of not less than 5% of the issued and outstanding Class A non-voting shares in the capital of Central Fund. The requisition asks that the Board of Directors (the "Board") call a special meeting of holders of Class A shares for the purposes of considering: (i) advisory resolutions in respect of Central Fund exercising the option to terminate the Amended and Restated Administrative and Consulting Agreement between Central Fund and The Central Group Alberta Ltd. ("CGAL"), pursuant to which CGAL administers the business and affairs of Central Fund, (ii) an advisory resolution directing the Board to consider the desirability of implementing redemption features that would allow for the redemption of Class A shares for physical bullion, (iii) a special resolution of the holders of Class A shares to amend the articles of Central Fund to provide for voting rights for Class A shares, and (iv) the removal of the incumbent directors of Central Fund from office and electing to the Board the nominees submitted by Sprott Asset Management LP.
The Board is in the process of considering the requisition, including its validity and whether the matters sought to be put before the special shareholders’ meeting are proper items to be voted upon by holders of Class A non-voting shares. The Board will provide an update to the shareholders of Central Fund following due consideration and advice from counsel.
About Central Fund
Central Fund of Canada Limited (est.1961) is a specialized investment holding company which invests primarily in long-term holdings of unencumbered, allocated and physically segregated gold and silver bullion and does not speculate in gold and silver prices. At June 17, 2015, the Class A shares of Central Fund were backed 99.7% by gold and silver bullion and may be purchased or sold with ease on either the NYSE MKT (Symbol: CEF) or The Toronto Stock Exchange (Symbols: CEF.A in Canadian dollars and CEF.U in U.S. dollars).
For further information please contact:
J.C. Stefan Spicer, Chairman, President & CEO
Email: [email protected]
Website: www.centralfund.com
Telephone: 905-648-7878
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