VANCOUVER, Nov. 29, 2013 /CNW/ - Sunstone U.S. Opportunity Realty Trust
(the "Issuer") is pleased to announce that in connection with the
previous press release dated October 28, 2013 with respect to the
special distribution by way of return of capital to the Unitholders,
notice has been provided by Sunstone U.S. Realty Services (2008) Inc.
(the "Trustee") of the Trustee's intention to terminate and dissolve
the Issuer on or around December 31, 2013.
Pursuant to the Issuer's Declaration of Trust dated April 23, 2008, as
amended by the Supplemental Indenture dated November 29, 2013, the
notice of termination and dissolution (the "Notice") specifies that the
holders of record ("Unitholders") of units (the "Units") of the Issuer
as of December 16, 2013 will be paid a final distribution on December
18, 2013. The Notice further specifies the termination date and the
location at which the Unitholders are to surrender certificates
representing their Units for cancellation.
This news release is intended for distribution in Canada only and is not
intended for distribution to United States newswire services or
dissemination in the United States. The securities referred to herein
have not, nor will they be registered under the United States
Securities Act of 1933, as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of,
United States persons absent United States registration or an
applicable exemption from the United States registration requirements.
This release does not constitute an offer for sale of securities in the
Additional information about the Issuers is available at www.sunstoneadvisors.com and www.sedar.com.
Certain statements contained in this news release may constitute
forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "anticipate",
"plan", "expect", "may", "will", "intend", "should", and similar
expressions. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or events
to differ materially from those anticipated in such forward-looking
statements. The forward-looking statements contained in this news
release are based on certain key expectations and assumptions made by
the Issuer, including: expectations and assumptions concerning the date
of termination and dissolution of the Issuer.
Although the Issuer believes that the expectations and assumptions on
which the forward-looking statements are based are reasonable, undue
reliance should not be placed on the forward-looking statements because
the Issuer can give no assurance that they will prove to be correct.
Since forward-looking statements address future events and conditions,
by their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently anticipated
due to a number of factors and risks.
The forward-looking statements contained in this news release represent
the Issuer's expectations as of the date hereof, and are subject to
change after such date. The Issuer disclaims any intention or
obligation to update or revise any forward-looking statements whether
as a result of new information, future events or otherwise, except as
required under applicable securities regulations.
SOURCE: Sunstone U.S. Opportunity Realty Trust
For further information:
Andrew Greig, Director of Business Development
Sunstone U.S. Opportunity Realty Trust
Suite 910, 925 West Georgia Street
Vancouver, BC V6C 3L2
Phone: (604) 681-5959 or (888) 681-5959