Westshore Terminals Income Fund - Q3 Distribution Announcement

About this update from Westshore Terminals Investment Corporation

[{"type":"text","content":"\n\n\n\nVANCOUVER, Sept. 16 /CNW/ - Westshore Terminals Income Fund (TSX: WTE.UN)\n(the "Fund") announced today that a cash distribution of $38,610,008\n(representing $0.52 per trust unit) will be paid on or before October 15, 2008\nto unitholders on record at September 30, 2008 as compared to $21,532,505\n(representing $0.29 per trust unit) for the same period in 2007. For\nunitholder income tax purposes, the distribution is comprised of 100% income.\n\n\nFor the third quarter of 2008, Westshore anticipates that its tonnage\nthroughput will be approximately 5.2 million tonnes as compared to \n5.4 million tonnes for the same period in 2007. Tonnage throughput to\nSeptember 30, 2008 is anticipated to be approximately 15.8 million tonnes\ncompared to 15.6 million tonnes over the same period in 2007.\n\n\nBased on estimates provided periodically to Westshore by its customers,\nWestshore anticipates that total throughput for 2008 should be between 21 and\n22 million tonnes.\n\n\n","length":1040,"tagName":"div"}]

More updates from Westshore Terminals Investment Corporation