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Name | Symbol | Market | Type |
---|---|---|---|
Citadel Income Fund | TSX:CTF.UN | Toronto | Trust |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.44 | 2.43 | 2.49 | 2.44 | 2.44 | 2.44 | 500 | 20:59:59 |
CTF.UN
TORONTO, Dec. 18, 2012 /CNW/ - Crown Hill Capital Corporation, the manager and trustee of Citadel Income Fund (the "Fund") announces that holders of units of the Fund (the "Unitholders") at a special meeting of Unitholders held on December 18, 2012 approved the extraordinary resolution in Schedule "A" to the management information circular of the Fund dated November 15, 2012. The extraordinary resolution changes the manager and trustee of the Fund to Artemis Investment Management Limited ("Artemis") and provides for a special retraction right of an aggregate of up to 1,000,000 (one million) units of the Fund for an amount expected to be 100% of net asset value per unit (the "Special Retraction Price") on January 18, 2013.
The amount of the Special Retraction Price and the payment date will be announced by Artemis in a subsequent press release.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian securities
laws.
Forward-looking information may relate to matters disclosed in this
press release and to other matters identified in public filings
relating to the
Fund, to the future outlook of the Fund and anticipated events or
results and may include statements regarding the future financial
performance
of the Fund. In some cases, forward-looking information can be
identified by terms such as "may", "will", "should", "expect", "plan",
"anticipate", "believe", "intend", "estimate", "predict", "potential",
"continue" or other similar expressions concerning matters that are not
historical facts. Actual results may vary from such forward-looking
information.
SOURCE Citadel Income Fund
Copyright 2012 Canada NewsWire
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