Wilmington Capital Management Inc. announced the completion of its sale of a 15.79% equity interest in Sunchaser RV Resorts Limited Partnership and a 16% interest in its general partner, Sunchaser RV Resorts GP Inc. The decision was made as the Corporation believed the embedded value of its investment had been realized. Pursuant to the right of first offer, interested limited partners purchased the interests, resulting in gross cash proceeds of approximately $4.67 million. The transaction involved related parties, but exemptions under Multilateral Instrument 61-101 allowed Wilmington to bypass formal valuation and minority shareholder approval requirements.

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