Argent Energy Trust provides 2013 Canadian Tax Information
CALGARY, March 6, 2014 /CNW/ - Argent Energy Trust ("Argent" or the "Trust") (TSX: AET.UN) is pleased to announce that the Trust's 2013 Statement of Trust Income Allocations and Designations is available on the Trust's website under "Investors - Shareholder Info - Canadian Tax Information" and has also been posted to the CDS Innovations Inc. website at www.cdsinnovations.ca. The Trust has provided this information for the purpose of the preparation and delivery of the Canadian tax T3 form by brokerage firms to their clients who beneficially own units in Argent Energy Trust. For 2013 distributions, the portion allocated to return of capital for Canadian residents is 86.97%. This mainly reflects the external financings that have occurred since IPO, leading to large deductions from income and allowing for a greater portion of the distribution to be attributed to return of capital.
Argent is a mutual fund trust under the Income Tax Act (Canada) (the "Tax Act"). Argent's objective is to create stable, consistent returns for investors through the acquisition and development of oil and natural gas reserves and production with low risk exploration potential, located primarily in the United States. Material information pertaining to Argent Energy Trust may be found on www.sedar.com or www.argentenergytrust.com
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