Badger Income Fund November cash distribution

About this update from Badger Infrastructure Solutions Ltd

[{"type":"text","content":"\n\n\n\nTSX-BAD.UN\n\n\nCALGARY, Nov. 15 /CNW/ - Badger Income Fund ("Badger") today announced\nthat the trustees of Badger declared a cash distribution for the month of\nNovember of $0.105 per fund unit, representing $1.26 per fund unit on an\nannualized basis. Payment will be made on or about December 17, 2007 to\nunitholders of record on November 30, 2007.\n\n\nBadger Income Fund is an open-ended trust that is North America's largest\nprovider of non-destructive excavating services. Badger traditionally works\nfor contractors and facility owners in the utility and petroleum industries.\nOur key technology is the Badger Hydrovac, which is used primarily for safe\ndigging in congested grounds and challenging conditions. The Badger Hydrovac\nuses a pressurized water stream to liquefy the soil cover, which is then\nremoved with a powerful vacuum system and deposited into a storage tank.\nBadger manufactures its truck-mounted hydrovac units. Badger Income Fund's\nbusiness model involves the provision of excavating services through two\ndistinct entities: the Operating Partners (franchisees in the United States\nand agents in Canada), and Badger Corporate. Badger Corporate works with its\nOperating Partners to provide Hydrovac service to the end user. In this\npartnership, Badger provides the expertise, the trucks, and North American\nmarketing and administration support. The Operating Partners deliver the\nservice by operating the equipment and developing their local markets. All\nwork is invoiced by Badger and then shared with the Operating Partner based\nupon a revenue sharing formula. In certain locations Badger has established\ncorporate run operations to market and deliver the service in the local area.\n\n\nThis press release contains forward-looking statements subject to various\nrisk factors and uncertainties, which may cause the actual results,\nperformances or achievements of Badger to be materially different from any\nfuture results, performances or achievements expressed or implied by such\nforward-looking statements. Such factors include, but are not limited to,\nfluctuations in the market for oil and gas related products and services,\npolitical and economic conditions, the demand for services provided by Badger,\nindustry competition and Badger's ability to attract and retain key personnel.\n\n\nThe Toront...

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