Crius Energy Trust Confirms October 2013 Distribution
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, Oct. 11, 2013 /CNW/ - Crius Energy Trust ("Crius Energy" or the "Trust") (TSX: KWH.UN), announced today that it has confirmed its October 2013 distribution of $0.0833 per unit. The distribution will be paid on November 15, 2013, in respect of the period from and including October 1, 2013 to October 31, 2013, to unitholders of record on October 31, 2013. The ex-distribution date will be October 29, 2013.
About Crius Energy
Crius Energy Trust has been established to provide investors with a
stable and consistent distribution-producing investment through the
acquisition of a 26.8% ownership interest in Crius Energy LLC (the
"Company"). The Company is one of the largest independent energy
retailers operating in the United States, with more than 500,000
residential customer equivalents. The Company serves residential and
small to medium-size commercial customers in the United States and
markets its products through a variety of sales channels and brand
names. The Company currently sells electricity in 11 states and the
District of Columbia and natural gas in seven states and the District
of Columbia.
Crius Energy intends to qualify as a "mutual fund trust" under the Income Tax Act (Canada) (the "Tax Act"). The Trust will not be a "SIFT trust" (as defined in the Tax Act), provided that the Trust complies at all times with its investment restriction which precludes the Trust from holding any "non-portfolio property" (as defined in the Tax Act). Material information pertaining to Crius Energy may be found on www.sedar.com or www.criusenergytrust.ca.
SOURCE: Crius Energy Trust
Michael Fallquist
Chief Executive Officer
(203) 663-7545
Roop Bhullar
Chief Financial Officer
(203) 883-9900
Frank Condron
TMX Equicom
[email protected]
(416) 815-0700 ext. 233
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