OAKVILLE, ON, Sept. 28, 2011 /CNW/ - Harvest Portfolios Group Inc. (the
"Manager") (TSX: HBB.UN), as the manager of HARVEST Banks & Buildings
Income Fund (the "Fund"), announces that, in accordance with its
initial terms as outlined in the Fund's prospectus dated October 2,
2009, the Trust Units will be voluntarily delisted from the Toronto
Stock Exchange at the close of business on Wednesday, October 5, 2011.
The delisting of Trust Units is being done in preparation for the
conversion of the Fund into an open-end mutual fund (the "Conversion")
which is expected to occur on or about October 18, 2011 (the
Certain statements included in this news release constitute
forward-looking statements, including, but not limited to, those
identified by the expressions "expect", "intend", "will" and similar
expressions to the extent they relate to the Fund and/or the Manager.
The forward-looking statements are not historical facts but reflect the
Fund's, and/or the Manager's current expectations regarding future
results or events. These forward-looking statements are subject to a
number of risks and uncertainties, such as the Toronto Stock Exchange
effecting the delisting of the Fund's units on the proposed date, and
receipt of all required regulatory approvals, that could cause actual
results or events to differ materially from current expectations.
Although the Fund and/or the Manager believes that the assumptions
inherent in the forward-looking statements are reasonable,
forward-looking statements are not guarantees of future performance
and, accordingly, readers are cautioned not to place undue reliance on
such statements due to the inherent uncertainty therein. The Fund
and/or the Manager undertakes no obligation to update publicly or
otherwise revise any forward-looking statements or information whether
as a result of new information, future events or other such factors
which affect this information, except as required by law.
All capitalized terms noted herein but not defined are as defined in the
Fund's prospectus dated October 2nd, 2009. The Fund presently trades on
the TSX under the symbol HBB.UN.
SOURCE Harvest Portfolios Group Inc.
For further information:
Please contact Mary Medeiros of Harvest Portfolios Group Inc. at firstname.lastname@example.org or at 1-866-998-8298; or for additional information please contact your registered financial advisor.