FNR Energy III Limited Partnership declares cash distribution and dissolution of limited partnership
23 Dec, 2014, 15:13 ET
SASKATOON, Dec. 23, 2014 /CNW/ - FNR Energy III Limited Partnership (the "Partnership") is pleased to announce a cash distribution of $1.48 per limited partnership unit. The cash distribution will be payable on December 30, 2014 to unitholders of record as at the close of business on December 22, 2014. The cash distribution will be deposited into unitholder accounts with the investment dealers where limited partnership units are held.
Upon the conclusion of the cash distribution, the Partnership will have disposed of all of its assets and will otherwise cease to carry on an active business. Consequently, the Partnership will terminate and be dissolved in accordance with its Limited Partnership Agreement, dated February 16, 2012 and amended March 28, 2012, effective December 31, 2014.
Additional information about the Partnership is available at www.sedar.com.
SOURCE: FNR Energy III Limited Partnership
For further information: FNR Energy III Inc., as general partner of FNR Energy III Limited Partnership, Richard Wingate, President and Chief Executive Officer, 306-373-3700 or [email protected]
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