TORONTO, Feb. 10, 2012 /CNW/ - Crown Hill Capital Corporation ( the "Trustee" ), manager and trustee of Energy Income Fund ( the "Fund") announced today that the Fund has been advised that a number of unitholders have withdrawn their support for a requisition to hold a unitholder meeting, delivered on January 20, 2012. Those unitholders hold more than 50% of the units supporting the requisition. As a result, the requisition no longer has the minimum unitholder support required under the Fund's Declaration of Trust and the meeting will not proceed.
The Trustee has therefore withdrawn its previously announced application to the Ontario Securities Commission under section 104 of the Securities Act.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.
For further information:
please contact the Investor Relations department at 416.361.9673 or toll-free at 1.877.261.9674. For media, please contact John Lute, Lute & Company, at 416.929.5883.