Ivanhoe Electric Inc. press release
Sun Gro Horticulture Income Fund announces August 2007 distribution
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VANCOUVER, Aug. 15 /CNW/ - Sun Gro Horticulture Income Fund (the "Fund") (TSX: GRO.UN) announced today a cash distribution of $0.0750 per unit for the August distribution period. The distribution will be made to unitholders of record at the close of business on August 31, 2007 and will be payable on or before September 17, 2007.
Based on distributions declared to date, the Fund's annualized cash distribution rate for 2007 is $0.90. Holders of units who are non-residents of Canada will be subject to withholding taxes in respect of any distributions of income by the Fund.
Sun Gro Horticulture Income Fund is a limited purpose trust established on February 12, 2002 to hold the securities of Sun Gro Horticulture Canada Ltd. Sun Gro Horticulture Canada Ltd. is the largest producer of peat in North America and the largest distributor of peat moss and peat-based growing media to North American professional plant growers.
Earlier from Ivanhoe Electric Inc.
- Sun Gro completes Quebec acquisition, strengthens long-term peat moss supply
- Sun Gro Horticulture Income Fund Releases 2007 Second Quarter Results - Fund Continues to Grow Revenues and Position Operations for Future Growth
- Sun Gro announces timing of second quarter 2007 results release, conference call and webcast