TORONTO, Nov. 29, 2012 /CNW/ - Crown Hill Capital Corporation (the
"Corporation), the manager and trustee of Investment Grade Trust (the
"Trust"), announces that, in accordance with the amended and restated
declaration of trust dated February 24, 2003, the Trust will be
terminated on December 31, 2012 (the "Termination Date"). Units of the
Trust will be delisted at the close of business on Monday, December 31,
Unitholders of record of the Trust on the Termination Date will receive
a cash amount equal to the net assets of the Trust (the "Termination
Proceeds"). Payment of the Termination Proceeds is expected to occur by
mid-January 2013 (the "Payment Date").
The Termination Proceeds and the Payment Date will be announced by the
Corporation in a subsequent press release in early January 2013.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian securities
laws. Forward-looking information may relate to matters disclosed in
this press release and to other matters identified in public filings
relating to the Fund, to the future outlook of the Fund and anticipated
events or results and may include statements regarding the future
financial performance of the Fund. In some cases, forward-looking
information can be identified by terms such as "may", "will", "should",
"expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions
concerning matters that are not historical facts. Actual results may
vary from such forward-looking information.
SOURCE: INVESTMENT GRADE TRUST
For further information:
please contact the Investor Relations department at 416.361.9673 or toll-free at 1.877.261.9674.