Energy Income Fund Announces Partial Redemption of up to One Million Units
15 February 2012 - 9:50AM
PR Newswire (Canada)
ENI.UN TORONTO, Feb. 14, 2012 /CNW/ - Crown Hill Capital
Corporation ("Crown Hill"), the manager and trustee of Energy
Income Fund (the "Fund") announced today that up to 1,000,000 (one
million) units of the Fund ("Units") may be redeemed on March 20,
2012 for an amount per Unit equal to the transactional net asset
value per Unit as of March 15, 2012. Beneficial holders of Units
must submit their request to redeem Units by no later than March
14, 2012. The redemption will take place pursuant to the
procedures of CDS Clearing and Depository Services Inc. Beneficial
holders of Units should contact their broker with any questions
regarding how to provide their request for redemption. In the event
that the requests for redemptions exceed 1,000,000 (one million)
Units, Units will be redeemed on a pro rata basis. The
transactional net asset value is the net asset value of the Fund
calculated using the bid price for the portfolio. Crown Hill
believes that the transactional net asset value of the Fund is not
materially different than the reported net asset value of the Fund.
Certain statements contained in this press release may include
forward-looking information with respect to the Fund's operations
and future financial results. Such statements are based on
current expectations, are subject to a number of uncertainties and
risks, and actual results may differ materially from those
contained in such statements. Further information can be
found in the disclosure documents filed by the Fund at
www.sedar.com. Energy Income Fund CONTACT: please contact the
Investor Relations department at 416.361.9673ortoll-free at
1.877.261.9674.
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