Noranda Income Fund Announces a Cash Distribution for the Month of October 2013 of $0.04167 per Prio

Noranda Income Fund Announces a Cash Distribution for the Month of October 2013 of $0.04167 per Priority Unit

ID: 308010

(firmenpresse) - SALABERRY-DE-VALLEYFIELD, QUEBEC -- (Marketwired) -- 10/22/13 -- Noranda Income Fund (TSX: NIF.UN) announced today that the Board of Trustees of Noranda Operating Trust has approved a distribution for the month of October 2013 of $0.04167 per Priority Unit payable on November 25, 2013 to Priority Unitholders of record as at the close of business on October 31, 2013.

There is no assurance that monthly distributions will continue in the future, nor is there any assurance that, if they do continue, the level or frequency of such monthly distributions will not vary from the level of the most recent monthly cash distributions.

Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol "NIF.UN". Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the "Processing Facility") located in Salaberry-de-Valleyfield, Quebec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America, where the majority of zinc customers are located. It produces refined zinc metal and various by-products from sourced zinc concentrates. The Processing Facility is operated and managed by Canadian Electrolytic Zinc Limited, a wholly-owned subsidiary of Glencore Canada Corporation.

Further information about Noranda Income Fund can be found at .



Contacts:
Michael Boone
Vice President and Chief Financial Officer,
Canadian Electrolytic Zinc Limited
Noranda Income Fund's Manager
416-775-1561



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Bereitgestellt von Benutzer: Marketwired
Datum: 22.10.2013 - 11:45 Uhr
Sprache: Deutsch
News-ID 308010
Anzahl Zeichen: 0

contact information:
Town:

SALABERRY-DE-VALLEYFIELD, QUEBEC



Kategorie:

Mining & Metals



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