Business
Canadian Equipment Rental Fund Limited Partnership Announces Increase to Distribution
Canadian Equipment Rental Fund Limited Partnership Announces Increase to Distribution.
About this update from Zedcor Inc
[{"type":"text","content":"\n\n\n\n\nCALGARY, Sept. 18 /CNW/ - The board of directors of the general partner\nfor Canadian Equipment Rental Fund Limited Partnership (the \"Partnership\"), is\npleased to announce that, due to the strong performance of the first\n3 quarters of 2006, they have approved an increase in the third quarter cash\ndistribution to the Partnership unitholders to $0.11 per unit (up 100% from\nthe previous $0.055 per unit distribution announced June 16, 2006). Payment\nwill be made on or about October 16, 2006, to unitholders of record as of the\nclose of business on September 28, 2006.\nInvestors who are participating in the current financing which closes on\nSeptember 29, 2006, are cautioned that the units subscribed for under the\nfinancing will not be eligible for this distribution.\nInvestors are further cautioned that future distributions are always\nsubject to approval from the board of directors of the general partner and may\nbe increased, decreased or suspended by the board at any time.\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 3,266,767 units\nissued and outstanding.\n\nFORWARD LOOKING STATEMENTS\n\nThis press release contains forward-looking statements subject to various\nrisk factors and uncertainties, which may cause the actual results,\nperformances or achievements of Canadian Equipment Rental Fund Limited\nPartnership to be materially different from any future results, performances\nor achievements expressed or implied by such forward-looking statements.\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this release.\n%SEDAR: 00022335E\n\n\n","length":1826,"tagName":"div"}]