TORONTO, March 20 /CNW/ - Connors Bros. Income Fund (TSX: CBF.UN)
announced today that its trustees have approved a cash distribution of
$0.1125 per unit for the month of March 2007 payable on April 30, 2007, to
unitholders of record at the close of business on March 30, 2007. Holders of
units who are non-residents of Canada will be required to pay all withholding
taxes payable in respect of any distributions of income by the Fund.
About Connors Bros.
Connors Bros. Income Fund indirectly owns, through its subsidiaries, a
100% interest in Clover Leaf Seafoods, L.P. and Bumble Bee Foods, LLC.
Together, these two operating companies comprise North America's largest
branded seafood company, offering a full line of canned tuna, salmon, sardine
and specialty seafood products, marketed under leading brands including Clover
Leaf(R), Bumble Bee(R), Brunswick(R), Snow's(R) and Beach Cliff(R), as well as
a full-line of canned chicken and canned meat products in the U.S. under the
Castleberry's(R), and Sweet Sue(R) brand names. For further information,
please visit the Fund's website at www.connors.ca.
The statements contained in this news release that are forward-looking
are based on current expectations, and are subject to a number of
uncertainties and risks, and actual results may differ materially. These
uncertainties and risks include, but are not limited to: availability of
resource, competitive pressures and changes in market activity, risks
associated with U.S. and international sales and foreign exchange, and
regulatory requirements. Further information can be found in the disclosure
documents filed by Connors Bros. Income Fund with the Canadian securities
regulatory authorities, available at www.sedar.com.
For further information:
For further information: Kent McNeil, Executive Vice President and Chief
Financial Officer, Connors Bros., Ltd., (858) 715-4076