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Wednesday, August 13, 2003 7:02:02 PM
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Michael....................
Dundee Wealth Management Inc.: Acquisition Of Shares Of Cumberland Resources Ltd.
CCNMatthews
TORONTO, ONTARIO--In accordance with regulatory requirements, Dundee Wealth Management Inc. (DW- TSX) ("Dundee Wealth") announces that accounts managed by Dynamic Mutual Funds Ltd., a subsidiary of Dundee Wealth, acquired 479,100 common shares of Cumberland Resources Ltd. ("Cumberland") at $3.31 per share on the Toronto Stock Exchange. This represents an approximate 1.2% interest in Cumberland.
FOR FURTHER INFORMATION PLEASE CONTACT:
Dundee Wealth Management Inc.
Daniella E. Dimitrov
Vice President and General Counsel
(416) 365-2426
FP........................................................
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