Business
Canadian Equipment Rental Fund Limited Partnership Announces Increase of Distribution to $0.15 per Unit
Canadian Equipment Rental Fund Limited Partnership Announces Increase of Distribution to $0.15 per Unit.
About this update from Zedcor Inc
[{"type":"text","content":"\n\n\n\nTSX Venture Symbol: CFL.UN\n\n\nCALGARY, June 19 /CNW/ - The board of directors of the general partner\nfor Canadian Equipment Rental Fund Limited Partnership (the "Partnership"), is\npleased to announce that they have approved an increase for the second quarter\nof 2007 cash distribution to the Partnership unitholders to $0.15 per unit (up\n15% from the previous $0.13 per unit distribution announced March 15, 2007 and\nup 173% from the $0.055 per unit distribution from the same period last year).\nIf continued, this will represent $0.60 per unit on an annualized basis.\nPayment will be made on or about July 12, 2007, to unitholders of record as of\nthe close of business on June 28, 2007.\n\n\nInvestors are cautioned that future distributions are always subject to\napproval from the board of directors of the general partner and may be\nincreased, decreased or suspended by the board at any time.\n\n\nCERFLP is a Canadian limited partnership engaged in the rental, sale and\nservice of industrial and construction equipment. CERFLP trades on the TSX\nVenture Exchange under the symbol "CFL.UN" and currently has 5,395,128 units\nissued and outstanding.\n\n\nFORWARD LOOKING STATEMENTS\n\n\nThis press release contains forward looking statements subject to various\nrisk factors and uncertainties, which may cause the actual results,\nperformances, cash flows or the ability to pay distributions to be materially\ndifferent from the results, performances, cash flow or the ability to pay\ndistributions expressed or implied by such forward looking statements.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n%SEDAR: 00022335E\n\n\n","length":1797,"tagName":"div"}]