TORONTO, April 16 /CNW/ - Middlefield Group is pleased to announce that distributions for the balance of 2007 will be payable to unitholders of MINT Income Fund as follows:
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Distribution Per
Record Date Payable Date Trust Unit
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April 30, 2007 May 4, 2007 $0.10
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May 31, 2007 June 15, 2007 $0.10
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June 30, 2007 July 13, 2007 $0.10
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July 31, 2007 August 15, 2007 $0.10
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August 31, 2007 September 14, 2007 $0.10
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September 30, 2007 October 15, 2007 $0.10
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October 31, 2007 November 15, 2007 $0.10
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November 30, 2007 December 14, 2007 $0.10
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December 31, 2007 January 15, 2008 $0.10
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MATRIX Income Fund and MINT Income Fund will merge with MINT as the continuing fund. The merger is expected to occur on or about May 24, 2007. Subsequent to the merger monthly distributions for MINT will continue at the current distribution amount of $0.10 per trust unit.
The trust units trade on the Toronto Stock Exchange under the symbol
MID.UN.
Nancy Tham,
Senior Vice President,
(416) 847-5349
April 16, 2007
This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning the distributions and dividends paid on the securities of issuers historically included in the portfolio of MINT Income Fund. Actual future results, including the amount of distributions paid by the Fund, may differ from the monthly distribution amount. Specifically, the income from which distributions are paid may vary significantly due to: changes in portfolio composition; changes in distributions and dividends paid by issuers of securities included in the Fund's portfolio from time to time; there being no assurance that those issuers will pay distributions or dividends on their securities; the declaration of distributions and dividends by issuers of securities included in the portfolio will generally depend upon various factors, including the financial condition of each issuer and general economic and stock market conditions; and the uncertainty of realizing capital gains. The risks, uncertainties and other factors that could influence actual results are described in the Fund's prospectus dated May 30, 2006 and other documents filed by the Fund with the Canadian securities regulatory authorities. The forward-looking information contained in this press release constitutes the Fund's current estimate, as of the date of this press release, with respect to the matters covered hereby. Investors and others should not assume that any forward-looking statement contained in this press release represents the Fund's estimate as of any date other than the date of this press release.