WINNIPEG, Aug. 7, 2014 /CNW/ - Exchange Income Corporation (TSX: EIF)
(the "Corporation"), a diversified, acquisition-oriented company
focused on opportunities in three sectors (aviation services and
equipment, metal manufacturing, and infrastructure services).
The Corporation is aware of certain media and industry communications,
which we believe to be materially inaccurate. The Corporation will
release its second quarter 2014 results on Tuesday, August 12th, and we
believe this will shed considerable light on the inaccuracy of these
reports. Furthermore, the second quarter 2014 report will reiterate
that there is no intention to change the current dividend payment and
will discuss the strength of the Corporation's financial position to
support this decision.
About Exchange Income Corporation
Exchange Income Corporation is a diversified acquisition-oriented
company, focused on opportunities in the industrial products and
transportation sectors which are ideally suited for public markets
except for their size. The strategy of the Corporation is to invest in
profitable, well-established companies with strong cash flows operating
in niche markets in Canada and/or the United States.
The Corporation currently operates three segments: Aviation,
Manufacturing and Infrastructure. The Aviation segment consists of the
operations by Perimeter Aviation, Keewatin Air, Calm Air International,
Bearskin Lake Air Service, Custom Helicopters and Regional One. The
Manufacturing segment consists of the operations by Jasper Tank,
Overlanders Manufacturing, Water Blast Manufacturing, and Stainless
Fabrication. The Infrastructure segment consists of the operations of
WesTower Communications. For more information on the Corporation,
please visit www.ExchangeIncomeCorp.ca.
Additional information relating to the Corporation, including all public
filings, is available on SEDAR (www.sedar.com).
SOURCE: Exchange Income Corporation
For further information:
Exchange Income Corporation
(416) 815-0700 Ext. 243