Back to Newsroom
Back to Newsroom

Maple Leaf 2011 Energy Income LP Suspends Monthly Cash Distributions Pending Asset Sale

Tuesday, 25 November 2014 01:20 PM

Topic:

VANCOUVER, BC / ACCESSWIRE / November 25, 2014 / Maple Leaf 2011 Energy Income Limited Partnership (the "Fund") announces that monthly cash distributions have been suspended pending completion of the previously announced sale of the assets of the Fund. Pursuant to the terms of the Asset Purchase Agreement, the effective date is September 1, 2014, therefore the revenues of the Fund from its royalty interests, effective September 1, 2014 will be to the account of Maple Leaf Royalties Corp. Assuming the Asset Purchase Agreement is consummated, cash distributions are expected to commence from Maple Leaf Royalties Corp. when approved by the Board of Directors.

Additional Information

For additional information please contact:

Hugh Cartwright
Chairman
Maple Leaf 2011 Energy Income Limited Partnership
Tel: (604) 630- 7020 

This news release is provided is strictly for information purposes only and shall not constitute an offer to sell or an advertisement, solicitation or recommendation of any offer to buy securities. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.


SOURCE:
 Maple Leaf 2011 Energy Income Limited Partnership

Topic:
Back to newsroom
Back to Newsroom
Share by: