VANCOUVER, June 14 /CNW/ - Westshore Terminals Income Fund (TSX: WTE.UN) (the "Fund"). At the Fund's annual and special general meeting, held earlier today, unitholders approved Management's reorganization proposal and the resulting amendments to the Fund's Declaration of Trust, all as set out in the Fund's Information Circular dated May 10, 2005. The reorganization is still subject to receipt of a number of consents and approvals, including receipt of an acceptable Advance Tax Ruling. There is no assurance that all required consents and approvals will be granted, or if so when they might be granted. The Fund will continue to pursue all such approvals and will advise unitholders as soon as it is appropriate. The Fund also announced earlier today a distribution of $0.20 per unit payable to unitholders of record as of June 30, 2005.
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