Crius Energy Trust Confirms March 2013 Distribution
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, March 13, 2013 /CNW/ - Crius Energy Trust ("Crius Energy" or the "Trust") (TSX: KWH.UN), announced today that it has confirmed its March 2013 distribution of $0.0833 per unit. The distribution will be paid on April 15, 2013, in respect of the period from and including March 1, 2013 to March 31, 2013, to unitholders of record on March 31, 2013. The ex-distribution date will be March 26, 2013.
About Crius Energy
Crius Energy Trust has been established to provide investors with a stable and consistent distribution-producing investment through the acquisition of a 26.8% ownership interest in Crius Energy LLC (the "Company"). The Company is one of the largest independent energy retailers operating in the United States, with more than 500,000 residential customer equivalents. The Company serves residential and small to medium-size commercial customers in the United States and markets its products through a variety of sales channels and brand names. The Company currently sells electricity in 11 states and the District of Columbia and natural gas in five states.
Crius Energy intends to qualify as a "mutual fund trust" under the Income Tax Act (Canada) (the "Tax Act"). The Trust will not be a "SIFT trust" (as defined in the Tax Act), provided that the Trust complies at all times with its investment restriction which precludes the Trust from holding any "non-portfolio property" (as defined in the Tax Act). Material information pertaining to Crius Energy may be found on www.sedar.com or www.criusenergytrust.ca.
SOURCE: Crius Energy Trust
Michael Fallquist
Chief Executive Officer
(203) 663-7545
Roop Bhullar
Chief Financial Officer
(203) 883-9900
Philip Dale
TMX Equicom
[email protected]
(416) 815-0700 ext. 253
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