Advantaged Preferred Share Trust Provides Update on Termination

TORONTO, May 31, 2016 /CNW/ - As previously announced, Advantaged Preferred Share Trust (the "Trust") (TSX: PFR.UN) will terminate on May 31, 2016 (the "Termination Date") as contemplated by the constating documents of the Trust. The Trust's units will be delisted from the Toronto Stock Exchange after the close of business on May 31, 2016. 

The Trust will distribute to unitholders of record on the Termination Date their pro rata portions of the remaining assets, minus all liabilities, of the Trust. The distribution will be paid on or about June 15, 2016 through CDS Clearing and Depository Services Inc.

SOURCE Advantaged Preferred Share Trust

For further information: please contact Christopher Bean at [phone].