Sun Life Financial Services of Canada Inc. announced today that TRC Capital Corp. has made an unsolicited “mini-tender offer” to purchase up to 5 million, or less than 1%, of the Sun Life’s outstanding common shares at $28.10 per share.

Sun Life is telling its shareholders that it does not recommend or endorse acceptance of this unsolicited offer and that the Sun Life in no way associated with TRC. It adds that securities administrators in Canada and the United States have recommended investors exercise caution in connection with “mini-tender offers”.

Shareholders are urged to consult their investment advisors regarding the TRC offer.