Business
CML HealthCare Income Fund Announces 3.5% Increase in Distributions
CML HealthCare Income Fund Announces 3.5% Increase in Distributions.
About this update from Christina Lake Cannabis Corp
[{"type":"text","content":"\n\n\n\nToronto Stock Exchange Symbol: CLC.UN\n\n\nMISSISSAUGA, ON, May 9 /CNW/ - CML HealthCare Income Fund (the "Fund")\n(TSX: CLC.UN) today announced a 3.5% increase in annualized unitholder\ndistributions from $1.00 per unit to $1.035 per unit. The increase in\ndistributions will become effective beginning with the Fund's May 2007\ndistribution, which will be declared shortly and payable in June 2007.\n\n\nAbout CML HealthCare Income Fund\n\n\nCML HealthCare Income Fund is an unincorporated open-ended trust that\nowns CML HealthCare Inc., one of Canada's largest healthcare services\nbusinesses. CML is a leading provider of laboratory testing services in\nOntario and the largest private provider of medical imaging services in\nCanada. CML HealthCare Income Fund is publicly traded on the Toronto Stock\nExchange under the symbol "CLC.UN" and has approximately 86.6 million units\noutstanding. To reach CML HealthCare Income Fund via the worldwide web log on\nto www.cmlhealthcare.com.\n\n\nCaution concerning forward-looking statements\n\n\n---------------------------------------------\n\n\nStatements made in this news release, other than those concerning\nhistorical financial information, may be forward-looking and therefore subject\nto various risks and uncertainties. Some forward-looking statements may be\nidentified by words like "may", "will", "anticipate", "estimate", "expect",\n"intend", or "continue" or the negative thereof or similar variations. Readers\nare cautioned not to place undue reliance on such statements, as actual\nresults may differ materially from those expressed or implied in such\nstatements. Factors that could cause results to vary include, but are not\nlimited to: dependence on government-based revenues; pending and proposed\nlegislative or regulatory developments including the impact of changes in\nlaws, regulations and the enforcement thereof; intensifying competition from\nestablished competitors and new entrants in the businesses in which we\noperate; technological change; interest rate fluctuations and general economic\nconditions; insurance coverage of sufficient scope to satisfy any liability\nclaims; fluctuations in operating results; dependence on our operating\nsubsidiary to pay its interest obligations; flu...