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(TSXV: GH.UN)
RED DEER, AB, April 18 /CNW/ - Gamehost Income Fund ("Fund") has been informed by the Toronto Stock Exchange Venture Exchange ("TSX-V") that the record date for the Fund's previously announced 3 for 1 unit split will be April 23, 2008. The Ex-trade date will be April 21, 2008.
Certificates for an additional 2 trust units for each 1 trust unit currently issued and outstanding will be mailed by the Fund's Transfer Agent, Computershare Trust Company of Canada, on April 25, 2008 to unitholders of record on April 23, 2008.
Immediately following the split, issued and outstanding trust units will total 10,773,153. Post split valuation for the Fund's trust units will ultimately be determined by the market. Resulting valuations should, however, approximate 1/3rd of the pre-split trading value.
This press release may contain forward-looking statements. Forward-looking statements may contain words such as "anticipates", "believes", "could", "expects", "indicates", "plans" or other similar expressions that suggest future outcomes or events. Use of these statements reflect reasonable assumptions made on the basis of management's current beliefs with information known by management at the time of writing. Many factors could cause actual results to differ from the results discussed in forward-looking statements. Actual results may not be consistent with these forward-looking statements.
Gamehost Income Fund is an unincorporated open-ended limited purpose trust established under the laws of the Province of Alberta. The Fund's activities are currently confined to the Province of Alberta, Canada. Operations of the Fund include the Boomtown Casino in Ft. McMurray, the Great Northern Casino, Service Plus Inns & Suites and a strip mall all located in Grande Prairie. The Fund is also a 40% joint venture partner in Deerfoot Inn & Casino Inc. in Calgary and a 20% partner in the new Stampede Casino in Calgary that is scheduled to open in June 2008.
The TSX and the TSXV Exchanges do not accept responsibility for the
adequacy or accuracy of this release.
Complete disclosure of the Fund can be found on SEDAR at www.sedar.com. Additional information on the Fund can be found on the Fund's website at www.gamehost.ca.
%SEDAR: 00019487E