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TORONTO, May 18 /CNW/ - Canadian Resources Income Trust ("CaRIT" or the
"Trust") is pleased to announce that it will be hosting an investor
update conference call on Tuesday, May 24, 2011, with Brian McChesney,
President and CEO of Scotia Managed Companies Administration (the
The conference call will provide an update on the Trust's portfolio and
Investors and investment advisors are reminded that the Trust currently
has warrants outstanding which expire on June 8, 2011 at 5:00 p.m.
(Toronto time). Note that investment dealers may have deadlines earlier
than June 8, 2011.
Tuesday, May 24, 2011 at 2:30 p.m. (EST)
Featuring Brian McChesney, President and CEO of the Administrator
Dial-in Numbers: 416-695-7806 or 1-888-789-9572
A replay of the conference call will be available at 905-694-9451 or
1-800-408-3053, passcode 6180554#.
Each warrant entitles the holder to purchase one Unit for a subscription
price of $12.30 per Unit. The warrants are listed on the Toronto Stock
Exchange under the ticker symbol RTU.WT.
Unitholders are entitled to receive monthly distributions as declared by
the Trustee of CaRIT. The Trustee generally intends to declare and pay
monthly distributions to the extent of forecasted
distributions/dividends to be received for a calendar quarter from the
underlying portfolio, less the estimated operating expenses for the
CaRIT is an investment trust which provides investors with high current
yield and low cost diversification through a defined portfolio of
equity securities of selected Canadian issuers focused on the natural
resource industry. Trust Units are listed for trading on the Toronto
Stock Exchange under the symbol RTU.UN.
SOURCE Canadian Resources Income Trust
For further information:
Trustee of Canadian Resources Income Trust
Web site: www.scotiamanagedcompanies.com