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Bulletin #0727-M

For further information, please contact:

Ken Woodard
Director, Communications & Membership Services
Notice of Intention to Resign
For Distribution to Relevant Parties within your Firm

International Capital Management Inc.

The Corporation has been informed that International Capital Management Inc. intends to resign its membership in the Mutual Fund Dealers Association of Canada.

The resignation process has been initiated and Members will be informed of the effective date of the resignation.

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