CALGARY,
Aug. 16, 2013 /CNW/ - MINT Income
Fund announced that it has filed a notice with the Toronto
Stock Exchange (the "TSX") and received its approval to make a
normal course issuer bid ("NCIB") for its Class A units through the
facilities of the TSX. This NCIB will commence on
August 20, 2013 and will terminate on
November 14, 2013. In
accordance with the Declaration of Trust by which the Fund is
governed, market purchases pursuant to its NCIB may be effected by
the Fund.
The Fund had 6,486,526 units issued and
outstanding as at August 13,
2013. The Fund may, during the period commencing
August 20, 2013 purchase on the TSX
up to 647,452 units, being 10% of the public float and may not, in
any 30 day period, purchase more than 129,730 units, being 2% of
the units issued and outstanding. The Fund will cancel all
Class A units purchased pursuant to the bid. MINT Income Fund
believes that its Class A units represent good value for the
Fund.
MINT's Class A units trade on the Toronto Stock
Exchange under the symbol "MID.A".
SOURCE MINT Income Fund