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(TSE-HZU) - COMEX SILVER BULL PLUS ETF Back
Date Time Headline
September 07, 2011 17:40 Horizons ETFs Announces Unit Consolidation for HBD
Horizons ETFs Announces Unit Consolidation for HBDCanada NewsWireTORONTO,
Sept. 7, 2011

TORONTO, Sept. 7, 2011 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons
ETFs") and its affiliate BetaPro Management Inc. ("BetaPro"), the manager and
trustee of the Horizons BetaPro COMEXr Gold Bullion Bear Plus ETF (the "ETF"),
announced today the intention to consolidate the units of the ETF, as
indicated below:

Unit Consolidation After the Toronto Stock Exchange (the "TSX") has closed
for trading on Friday, September 16, 2011, the units of the ETF will be
consolidated on the basis of the ratio (the "Consolidation Ratio") set out
below, and will begin trading on a consolidated basis on Monday, September
19, 2011, the effective date of the consolidation:ETFTickerConsolidation
Ratio Horizons BetaPro COMEXr Gold Bullion Bear Plus ETF HBD 1:4

For further information visit www.HorizonsETFs.comAbout Horizons Exchange
Traded Funds Inc. (www.horizonsetfs.com) Horizons ETFs is an innovative
financial services company offering the Horizons ETFs family of exchange
traded funds. The Horizons ETFs family includes a broadly diversified range
of investment tools with solutions for investors of all experience levels to
meet their investment objectives in a variety of market conditions. With
approximately $3.3 billion in assets under management and more than 75
listings on the Toronto Stock Exchange, the Horizons ETFs family makes up
the largest selection of ETFs in Canada. Horizons ETFs is a member of the
Jovian Capital Corporation (TSX: JOV) group of companies.

Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739


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