Energy Income Fund Files Final Prospectus for Warrant Offering
19 Agosto 2013 - 4:19PM
Marketwired
Energy Income Fund (TSX:ENI.UN) (the "Fund") announces that it has
filed a final short form prospectus for an offering of transferable
warrants (each, a "Warrant") to unitholders of the Fund (the
"Offering"). The Warrants are being provided exclusively to
unitholders of record of the Fund on August 29, 2013 (the "Record
Date"), who will receive one Warrant for each unit of the Fund
(each, a "Unit") then held.
Each Warrant will entitle the holder thereof to subscribe for
one Unit at an exercise price of $3.39. Subject to the terms
outlined in the prospectus, the Warrants will be subject to a call
option such that the Warrants will expire at 5:00 p.m. (Toronto
time) on the earlier of (i) October 17, 2013 and (ii) the date
which is 20 business days after the date of any news release of the
Fund announcing its exercise of the call option.
Warrants issued pursuant to the Offering will not be eligible to
receive distributions. However, subject to applicable record dates,
Units received upon exercise of the Warrants will be eligible to
receive distributions from the Fund.
The Warrants have been conditionally approved for listing on the
TSX under the symbol "ENI.WT". The Units (ENI.UN) issuable upon
exercise of the Warrants will be freely tradable. Once the Warrants
begin trading, Warrant holders will have the opportunity to buy or
sell their Warrants, which will trade independently of the existing
Units. The Fund will pay an exercise fee of $0.07 per Warrant
within 30 days of exercise, payable to the CDS Participant whose
client has properly exercised the Warrant.
The Warrants are not qualified for distribution in the United
States of America. For further details please consult the
prospectus and your investment advisor. A copy of the preliminary
short form prospectus has been filed on the Fund's SEDAR profile at
www.sedar.com.
For further information please contact your financial advisor,
call Artemis Investment Management's investor relations line at
(647) 477-4886 or visit our website at www.artemisfunds.ca.
Contacts: Artemis Investment Management Investor Relations (647)
477-4886 www.artemisfunds.ca
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