MONCTON, NB, Aug. 13 /CNW Telbec/ - PDM Royalties Income Fund (TSX:
PDM.UN) ("PDM" or the "Fund") will host a conference call to discuss the
amalgamation transaction between the Fund and Imvescor Inc. ("Imvescor"). The
Fund will also talk about its second quarter earnings. PDM and Imvescor
executives will be available to answer questions at the end of the conference
The conference call is scheduled to take place on Monday, August 17, 2009
at 10:00AM Eastern Time (11:00AM Atlantic Time). Executives participating in
the call with include Brian Flemming, Chairman of PDM, Ron Magruder, President
and Chief Executive Officer of Imvescor, and William Lane, Executive Vice
President and Chief Financial Officer of Imvescor.
The news release outlining the second quarter earnings will be
distributed and posted on SEDAR prior to the conference call on Monday, August
Investors and financial analysts who wish to participate in the
conference call should dial 514-392-3300 (Montreal) 1 866-392-3244 (Canada) or
1 800-3923-2720 (international) and enter the conference code 4572807.
About PDM Royalties Income Fund
The Fund is a limited purpose open-ended trust established under the laws
of Ontario. The Fund indirectly owns the trademarks and intellectual property
for the Pizza Delight(R), Mikes(R), Scores(R), and Baton Rouge(R) brands and
has licensed them to Imvescor in consideration for a royalty equal to 4% of
system sales for Pizza Delight(R) and Mikes(R) restaurants, and a royalty rate
of 6% for Scores(R) and Baton Rouge(R) restaurants.
Imvescor is a privately owned corporation, headquartered in Moncton, New
Brunswick. Pizza Delight(R) operates primarily in Atlantic Canada, where it
dominates the family/mid-scale segment. Mikes(R) and Scores(R) restaurants
operate primarily in Quebec in the family and casual dining segments and the
take-out and delivery segments. Baton Rouge(R) operates in the Province of
Quebec and Ontario in the casual dining segment.
For further information:
For further information: Mélanie Joly, Cohn & Wolfe Public Relations,
(514) 845-2257 ext. 247; www.pdmfund.ca, www.imvescor.ca, www.pizzadelight.ca,
www.mikes.ca, www.scores.ca, www.batonrougerestaurants.com