CALGARY, Aug. 16 /CNW/ - Sound Energy Trust ("Sound" or the "Trust")
today confirmed that it will pay a cash distribution of $0.055 per Trust unit
on September 17 to Unitholders of record on August 31, with the
ex-distribution set for August 29.
With the closing of the business combination between Sound and Advantage
Energy Income Fund ("Advantage") expected to occur in early September, the
distribution payable on October 15, 2007 will be disbursed by Advantage to
those Sound Unitholders whose Sound units will have been exchanged for
Advantage Trust units at the applicable exchange ratio and prior to the record
date that will be set by Advantage.
Sound is a Calgary-based, open-end oil and gas income trust whose Trust
Units trade on the Toronto Stock Exchange (the "TSX") under the symbol SND.UN.
Debentures of Sound trade on the TSX under the symbols SND.DB and SND.DB.A.
ADVISORY: Certain information regarding SOUND Energy Trust including
management's assessment of future plans and operations, may constitute
forward-looking statements under applicable securities law and necessarily
involve risks associated with oil and gas exploration, production, marketing
and transportation such as loss of market, volatility of prices, currency
fluctuations, imprecision of reserve estimates, environmental risks,
competition from other producers and ability to access sufficient capital from
internal and external sources; as a consequence, actual results may differ
materially from those anticipated in the forward-looking statements.
For further information:
For further information: Anne-Marie Buchmuller, Manager, Investor
Relations, Phone: (403) 218-3664, Toll-free: 1-888-414-4144, Cell: (403)
472-0053, Email: firstname.lastname@example.org,