WESTSHORE ANNOUNCES SPECIAL MEETING RESULTS AND Q3 2010 REPORT
VANCOUVER, Nov. 4 /CNW/ - Westshore Terminals Income Fund (TSX: WTE.UN) (the "Fund"). At the Fund's special meeting held earlier today, unitholders voted 99.9% in favour of and approved the restructuring proposal to convert the Fund to a corporate form, all as set out in the Fund's Information Circular dated October 5, 2010.
The restructuring is still subject to receipt of a number of consents and approvals, including the BC Supreme Court. The hearing for this final order is scheduled for November 12, 2010. Provided all consents and approvals are obtained, the restructuring will take effect January 1, 2011, and trading of the new units should commence on or about January 4, 2011 under the symbol WTE.UN.
The Fund also released today its Q3 2010 report which is available on SEDAR or on the Fund's website at www.westshore.com.
For further information:
Nick Desmarais
Secretary
(604) 488-5214
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