Crius Energy Trust Confirms June 2013 Distribution
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, June 13, 2013 /CNW/ - Crius Energy Trust ("Crius Energy" or the "Trust") (TSX: KWH.UN), announced today that it has confirmed its June 2013 distribution of $0.0833 per unit. The distribution will be paid on July 15, 2013, in respect of the period from and including June 1, 2013 to June 30, 2013, to unitholders of record on June 30, 2013. The ex-distribution date will be June 26, 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 five states.
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.
Michael Fallquist Chief Executive Officer (203) 663-7545
Roop Bhullar Chief Financial Officer (203) 883-9900
Lawrence Chamberlain TMX Equicom firstname.lastname@example.org (416) 815-0700 ext. 257
SOURCE: Crius Energy Trust
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CO: Crius Energy Trust ST: Ontario NI: DIV
-0- Jun/13/2013 18:30 GMT