The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Zargon Energy Trust Confirms July 2010 Cash Distribution

Thursday, July 15, 2010

Zargon Energy Trust Confirms July 2010 Cash Distribution12:37 EDT Thursday, July 15, 2010CALGARY, ALBERTA--(Marketwire - July 15, 2010) - Zargon Energy Trust (TSX:ZAR.UN) (TSX:ZOG.B) ("Zargon") confirms that the monthly cash distribution for the month of July in the amount of Cdn. $0.18 per trust unit will be paid on August 16, 2010 to unitholders of record on July 31, 2010. The ex-distribution date is July 28, 2010.On April 9, 2010, Zargon announced adoption of a Distribution Reinvestment Plan (the "DRIP"). Eligible unitholders may elect to participate in the DRIP. A complete copy of the DRIP is available on Zargon's website or by calling the Manager Income Trusts, Valiant Trust Company at (403) 233-2801. Based in Calgary, Alberta, Zargon's securities trade on the Toronto Stock Exchange and there are currently 23.380 million trust units (ZAR.UN) and 1.698 million exchangeable shares (ZOG.B) outstanding. After giving effect to the conversion privilege of the exchangeable shares and the July 15, 2010 revised exchange ratio there would be a total of 26.345 million trust units outstanding. In order to learn more about Zargon, we encourage you to visit Zargon's website at where you will find a current shareholder presentation, financial reports and historical news releases.FOR FURTHER INFORMATION PLEASE CONTACT: Zargon Energy Trust C.H. Hansen President and Chief Executive Officer (403) 264-9992 or B.C. Heagy Executive Vice President and Chief Financial Officer (403) 264-9992