Dundee Wealth Management Inc. reports that 8,417,906, or approximately 98.72%, of the outstanding common shares of Canadian First Financial Group Inc. were tendered to Dundee’s take-over bid for the firm.

The offer to purchase all of CFFG’s common shares for a price of $1.26 per share expired at midnight ET on July 29. Dundee Wealth says it intends to take-up and pay for all of the shares tendered to the offer by or on August 6, 2002.

Dundee will integrate the operations of CFFG’s subsidiaries, Ross Dixon Financial Services Ltd. and Hewmac Investment Services Inc., into Dundee Private Investors Inc.

“We welcome the Ross Dixon and Hewmac advisors as part of the Dundee team” said Don Charter, chairman and CEO of Dundee Securities Corp. and executive vice president of Dundee Wealth.