Canaccord Financial Inc. responds to market rumours

Canaccord Financial Inc. responds to market rumours

    VANCOUVER, Feb. 3 /CNW/ - In response to market rumours that have come to
its attention regarding a potential strategic acquisition, Canaccord Financial
Inc. (TSX : CF, AIM : CF.) stated today that strategic acquisitions are one
component of the Company's growth strategy and, as such, Canaccord regularly
evaluates potential acquisition opportunities. From time to time, this process
leads to discussions with potential acquisition targets. There can be no
assurance that any such discussions will ultimately lead to a transaction. As
a general policy, Canaccord does not publicly comment on potential
acquisitions unless and until a binding legal agreement has been signed.

    ABOUT CANACCORD FINANCIAL INC.:

    Through its principal subsidiaries, Canaccord Financial Inc. is a leading
independent, full-service financial services firm, with operations in two
principal segments of the securities industry: wealth management and global
capital markets. Since its establishment in 1950, Canaccord has been driven by
an unwavering commitment to building lasting client relationships. We achieve
this by generating value for our individual, institutional and corporate
clients through comprehensive investment solutions, brokerage services and
investment banking services. Canaccord has 37 offices worldwide, including 29
Wealth Management offices located across Canada. Canaccord Adams, the
international capital markets division, operates in the U.S., U.K., Canada and
Barbados.
    Canaccord Financial Inc. is publicly traded under the symbol CF on the
TSX and the symbol CF. on AIM, a market operated by the London Stock Exchange.

For further information: North America Media: Scott Davidson, Managing
Director, Global Head of Marketing & Communications, Phone: [phone],
email: scott.davidson(at)canaccord.com; For investor relations inquiries
contact: Joy Fenney, Vice President, Investor Relations & Communications,
Phone: [phone], email: joy.fenney(at)canaccord.com; London Media: Bobby
Morse or Ben Willey, Buchanan Communications (London), Phone: [phone]
5000, email: bobbym(at)buchanan.uk.com; Nominated Adviser and Broker: Marc
Milmo or Jonny Franklin-Adams, Fox-Pitt, Kelton Limited, Phone: +44 (0) 207
065 2000, email: marc.milmo(at)fpk.com
(CF.)

 



END

Canaccord Financial Inc.