Monday, August 09, 2004 3:00:45 PM
Item 4. Ownership.
(a) Amount beneficially owned: 2,159,800 Common Shares
(b) Percent of class: 3.97%
Item 5. Ownership of Five Percent or Less of a Class Dundee Wealth Management Inc. has disposed of 4,593,100 common shares of Cumberland Resources Ltd. and has ceased being a beneficial owner of more than five percent of the class of securities held as of the date hereof.
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