Canadian Resources Income Trust Announces Conference Call

/THIS PRESS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

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 "Administrator").

The conference call will provide an update on the Trust's portfolio and performance.

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.

Conference Call
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
Passcode: 4466465#

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 period.

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:

Investor Relations
CaRIT Limited,
Trustee of Canadian Resources Income Trust
(416) 863-7144
E-mail: mc_carit@scotiacapital.com
Web site: www.scotiamanagedcompanies.com

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Canadian Resources Income Trust

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