Crown Hill Capital Corporation Announces Suspension of Energy Plus Income
Fund's Distribution Reinvestment and Optional Trust Unit Purchase Plan For
Distribution Payable in October 2010
TORONTO, Sept. 15 /CNW/ - Crown Hill Capital Corporation, the administrative agent (the "Administrative Agent") for Energy Plus Income Trust (TSX: EPF.UN) ("Energy Plus") announced today that Energy Plus will suspend its distribution reinvestment and optional trust unit purchase plan (the "Plan") for the distribution to unitholders of record at the close of business on Tuesday, September 30, 2010, and payable on Friday, October 15, 2010. Unitholders of Energy Plus who have elected to receive additional units of Energy Plus under the Plan will instead receive a cash distribution on October 15, 2010 for the September distribution.
The expected merger (the "Merger") of Energy Plus and CGF Resource 2008 Flow Through Limited Partnership ("CGF") with Sustainable Production Energy Trust (TSX: SPU.UN) ("Sustainable") on or about October 4, 2010, or such other date as determined by the Administrative Agent (the "Effective Date"), the continuing entity to be named Energy Income Fund (the "Continuing Fund"), will result in the unitholders of Energy Plus receiving units of the Continuing Fund in exchange for their units of Energy Plus, therefore no additional units of Energy Plus units will be available for distribution under the Plan.
The CGF unitholders meeting to approve the Merger will be held on September 28, 2010. If the Merger is not approved by CGF unitholders, then the Merger will proceed as the Merger of Sustainable with Energy Plus, subject to receipt of all necessary regulatory approvals.
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For further information: Citadel Funds at 1-877-261-9674 or visit our website at www.citadelfunds.com
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