Press release from CNW Group
Crius Energy Trust Confirms March 2014 Distribution
Thursday, March 13, 2014
Crius Energy Trust Confirms March 2014 Distribution07:00 EDT Thursday, March 13, 2014
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, March 13, 2014 /CNW/ - Crius Energy Trust ("Crius Energy" or the "Trust") (TSX: KWH.UN), announced today that it has confirmed its March 2014 distribution of $0.0583 per unit. The distribution will be paid on April 15, 2014, in respect of the period from and including March 1, 2014 to March 31, 2014, to unitholders of record on March 31, 2014. The ex-distribution date will be March 27, 2014.
About Crius Energy
Crius Energy has a 26.8% ownership interest in Crius Energy LLC. With approximately 610,000 residential customer equivalents, Crius Energy LLC is one of the largest independent energy retailers operating in the United States, serves residential and small to medium-size commercial customers and markets its products through a variety of sales channels and brand names. Crius Energy LLC currently sells electricity in 11 states and the District of Columbia, natural gas in seven states and the District of Columbia and solar energy products and services in 12 states and the District of Columbia.
The Trust 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 the Trust 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. 290