Foremost Income Fund Announces 2013 Cash Distribution and Updated Redemption Price
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 11/21/13 -- Foremost Income Fund ("Foremost", or the "Fund") has declared its 2013 annual cash distribution of $0.32 per trust unit. Distributions are payable Friday, December 6, 2013 to Unitholders of Record as at Friday, November 22, 2013.
The 2013 annual distribution details are as follows:
As a result of the 2013 cash distribution the Trustees have determined that, as of December 6, 2013, the Fund will decrease the redemption price for tendered Trust Units from $7.45 to $7.13.
On behalf of the Trustees Foremost Income Fund
Bevan May, Trustee
FORWARD-LOOKING STATEMENT
Certain statements in this news release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Fund to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this news release, such statements use words such as "may", "will", "expect", "believe", "plan" and other similar terminology. These statements include statements the Fund's intention to proceed with a Unitholders' meeting and information regarding the Trustees' views of the future prospects and tax treatment of the Fund and tax treatment of the Special Redemption, the Fund's expectations regarding the future availability of cash to meet redemption requests and the Trustee's expectations for redemption prices in December 2011 and January 2012. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this news release. These forward-looking statements involve a number of risks and uncertainties, including: the impact of general economic conditions, industry conditions, changes in laws and regulations, increased competition, fluctuations in commodity prices and foreign exchange, and interest rates and stock market volatility.
Contacts:
Foremost Income Fund
Jackie Schenn, CA
VP Finance
(403) 295-5800 or toll free 1-800-661-9190 (Canada/US)
(403) 295-5810 (FAX)
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.11.2013 - 14:32 Uhr
Sprache: Deutsch
News-ID 319181
Anzahl Zeichen: 5619
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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