Resource World Magazine

Resource World - December/January 2013

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pany focused on expanding and advancing its 100%-owned Volta Grande Project in Para State, Brazil. An updated NI 43-101 resource estimate at Volta is anticipated to be released before the end of 2013. The current global resource sits at 5.14 million oz gold averaging 1.74 g/t gold, including 2.84 million oz gold averaging 1.69 g/t in the open-pit, measured and indicated category. Canaccord analyst, Rahul Paul, sees the potential for the resource to grow to over 6 million oz, with the open-pittable portion over 4 million oz. Sprott Power Corp. [SPZ-TSX] owns, operates, and develops wind farms in Canada and is aiming to have 500MW in operation by 2015. Sprott Power recently increased its dividend by 23% to 0.053/ share or 4.7% yield at the time of writing. Twin Butte Energy Ltd. [TBE-TSX] is an E&P company focused on heavy oil exploration and development within the Lloydminster fairway of Alberta and Saskatchewan. The company adopted a DECEMBER 2012/JANUARY 2013 yield plus modest growth strategy upon closing its acquisition of Emerge Oil & Gas in early 2012. The current distribution is 0.192/share or approximately 6.67% yield at the time of writing. Amica Mature Lifestyles Inc. [ACCTSX] is a premier brand manager and owner of luxury independent living retirement communities in major urban centres across Canada. It engages in the design, development, ownership, management, and marketing of luxury housing and services for mature lifestyles. The current distribution is 0.42/share or 4.67% yield at the time of writing. Alaris Royalty Corp. [AD-TSX] invests in a diversified group of private businesses in exchange for royalties/distributions. Just recently the company announced their fifth consecutive dividend increase, to 1.20/share or 5.12% yield at the time of writing. n Dennis Hoesgen and Eric Hoesgen are Senior Investment Advisors with Hoesgen Investment Partners (HIP) at Canaccord Wealth Management, a division of Canaccord Genuity Corp, Member-Canadian Investor Protection Fund. The information contained in this article is drawn from sources believed to be reliable, but the accuracy and completeness of the information is not guaranteed, nor in providing it does HIP, Canaccord Genuity Corp, or its subsidiaries, or affiliated companies, assume any liability. This information is current as of the date appearing in this article, we do not assume any obligation to update the information or advise on further developments relating to these securities. This report should not be considered personal investment advice or a solicitation to buy or sell securities. Canaccord Genuity and holdings of its respective directors, officers and employees and their associations, from time to time may buy or sell any securities mentioned herein. The views expressed are those of the authors and not necessarily those of Canaccord. Eric Hoesgen and Dennis Hoesgen can be reached at 604-6437705 or HIP@Canaccord.com. www.resourceworld.com 31

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