RED DEER, AB, Aug. 6 /CNW/ - Parkland Income Fund (TSX: PKI.UN), Canada's largest independent fuel distributer and marketer, today announced that it will release its second quarter financial results after market close on Friday, August 13, 2010 and will host its second quarter results conference call on Monday, August 16, 2010 at 9:00 a.m. MDT (11:00 a.m. EDT).
The conference call will be hosted by President and CEO Mike Chorlton and Senior Vice President and CFO Ken Grondin who will discuss Parkland's financial results for the quarter and then take questions from analysts, brokers and investors.
To access the conference call by telephone, dial 647-427-7450 or 888-231-8191 and enter passcode 9143 3244 followed by the pound sign. Please connect approximately 10 minutes prior to the beginning of the call. The conference call will be archived for replay until 9:59 p.m. MDT or 11:59 p.m. EDT, Monday, August 30, 2010. To access the archived conference call, dial 416-849-0833 or 800-642-1687 and enter the passcode 9143 3244 followed by the pound sign.
A live audio webcast of the conference call will be available at: http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=3172840
The Financial Statements and Management's Discussion and Analysis will be posted to www.sedar.com and www.parkland.ca after market close on Friday, August 13, 2010.
About Parkland Income Fund:
Parkland Income Fund is Canada's largest independent fuel distribution and marketing company, delivering fuel products from regional refineries to retail, commercial, and reseller customers coast-to-coast. The Company distributes 3.4 billion litres of fuel annually through 620 retail locations, 77 commercial branches, 70 cardlock locations and through wholesale agreements, in total representing 4.1% of the total Canadian fuel market (market share % in some regions of operation is higher).
Parkland currently distributes fuel to retail customers under its Fas Gas Plus, Fas Gas and Race Trac brands as well as through distribution agreements with 290 Esso locations. Parkland also supplies propane, bulk fuel, heating oil, lubricants, industrial fluids and associated services to commercial and industrial customers across Canada under the Neufeld, United Petroleum, Columbia Fuels, Bluewave Energy and Great Northern Oil brands.
Parkland is a high-yield, growth-oriented company that is committed to providing income-oriented investors with a cash yield as well as upside growth. The Company is delivering value to its unitholders by growing fuel volumes through carefully selected acquisitions while working closely with suppliers to maintain reliable fuel supply at competitive cost advantage and building greater efficiency through operational excellence initiatives.
Parkland units and convertible debentures trade on the Toronto Stock Exchange (TSX) under the symbols PKI.UN and PKI.DB. For more information visit www.parkland.ca.
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SOURCE Parkland Fuel Corporation
For further information: For further information: Parkland Industries Ltd., Administrator of Parkland Income Fund: Red Deer: Mike W. Chorlton, President and CEO, 403-357-6400; Ken J. Grondin, Senior Vice President and CFO, 403-357-6400; Tom N. McMillan, Investor Relations Manager, 403-357-6400