Press release from CNW Group
Crius Energy Trust Confirms July 2013 Distribution
Thursday, July 11, 2013
Crius Energy Trust Confirms July 2013 Distribution15:57 EDT Thursday, July 11, 2013
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, July 11, 2013 /CNW/ - Crius Energy Trust ("Crius Energy" or the "Trust") (TSX: KWH.UN), announced today that it has confirmed its July 2013 distribution of $0.0833 per unit. The distribution will be paid on August 15, 2013, in respect of the period from and including July 1, 2013 to July 31, 2013, to unitholders of record on July 31, 2013. The ex-distribution date will be July 29, 2013.
About Crius Energy
Crius Energy Trust has been established to provide investors with a stable and consistent distribution-producing investment through the acquisition of a 26.8% ownership interest in Crius Energy LLC (the "Company"). The Company is one of the largest independent energy retailers operating in the United States, with more than 500,000 residential customer equivalents. The Company serves residential and small to medium-size commercial customers in the United States and markets its products through a variety of sales channels and brand names. The Company currently sells electricity in 11 states and the District of Columbia and natural gas in seven states and the District of Columbia.
Crius Energy intends to qualify as a "mutual fund trust" under the Income Tax Act (Canada) (the "Tax Act"). The Trust will not be a "SIFT trust" (as defined in the Tax Act), provided that the Trust complies at all times with its investment restriction which precludes the Trust from holding any "non-portfolio property" (as defined in the Tax Act). Material information pertaining to Crius Energy may be found on www.sedar.com or www.criusenergytrust.ca.
SOURCE: Crius Energy Trust
For further information:
Chief Executive Officer
Chief Financial Officer
(416) 815-0700 ext. 233