GPM GPM Metals Inc

Integrated Asset Management Corp. ("IAM") (TSX:IAM) and its real estate asset
management group, GPM Investment Management ("GPM") announced that a client has
given notice to GPM to terminate a segregated account managed by GPM effective
February 29, 2012. 


For IAM's most recent fiscal year (September 30, 2011), this account represented
approximately 8% of IAM total revenues and approximately 15% of IAM's total
assets under management. 


Unlike GPM's core long-term funds, this segregated account was more
opportunistic in its investment objectives with a high component of development
properties and could be terminated by either party on 30 days' notice. 


This segregated account was set up in 2004 and the client increased commitments
to the account since that time. The client has indicated to GPM that it has
decided to reduce the number of asset managers that it deals with and to
consolidate the properties with those of one of its other managers. 


As a result of the termination of this account, the realization of any related
performance fees scheduled for fiscal 2014 will be brought forward to the
current fiscal year. The calculation of the realized performance fees will be
undertaken effective February 29, 2012. 


GPM is a wholly-owned subsidiary of IAM. IAM is one of Canada's leading
alternative asset management companies with approximately $2.3 billion in assets
and committed capital under management in private corporate debt, real estate,
managed futures, global bonds, private equity and retail alternative
investments.

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