REGINA, Feb. 19, 2014 /CNW/ - Assiniboia Farmland Limited Partnership
(the Partnership) announces that a cash distribution of $1.50 per Unit
has been declared, for a payable date of February 28, 2014, to
Unitholders of record on December 31, 2013.
As part of the process of winding-down its operations, the Partnership
will spend the remainder of 2014 selling off crop inventory received
from 2013 crop share leases.
About Assiniboia Farmland Limited Partnership
Headquartered in Regina, Saskatchewan, Assiniboia Farmland Limited
Partnership was established in 2005 to provide investors with a
turn-key opportunity to gain exposure to Saskatchewan farmland. On
January 10, 2014, the Partnership closed the sale of its farmland
portfolio to Canada Pension Plan Investment Board. The Partnership is
in the process of winding-down operations. For more information about
Assiniboia, please visit www.assiniboiacapital.com.
Additional information about Assiniboia is available on SEDAR (www.sedar.com).
Caution Regarding Forward-Looking Statements
This news release contains certain forward-looking statements within the
meaning of applicable Canadian securities legislation. Forward-looking
information involves known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materially
from those expressed or implied by such forward-looking information.
In addition, the forward-looking information contained in this news
release is based upon what management believes to be reasonable
assumptions. Readers are cautioned not to place undue reliance on
forward-looking information as it is inherently uncertain and no
assurance can be given that the expectations reflected in such
information will prove to be correct. The forward-looking information
in this news release is made as of the date first set out above and,
except as required under applicable securities legislation, Assiniboia
assumes no obligation to update or revise such information to reflect
new events or circumstances. When relying on forward-looking
statements to make decisions, investors and others should carefully
consider the foregoing factors and other uncertainties and should not
place undue reliance on such forward-looking statements.
SOURCE: Assiniboia Farmland Limited Partnership
For further information:
President and Chief Executive Officer
Assiniboia Farmland Limited Partnership (306) 347-1024
Assiniboia Farmland Limited Partnership (306) 347-7202