PRT Forest Regeneration Income Fund
TSX : PRT.UN

PRT Forest Regeneration Income Fund

May 18, 2006 13:17 ET

PRT Announces May 2006 Distribution

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - May 18, 2006) - The PRT Forest Regeneration Income Fund (TSX:PRT.UN) announced today a cash distribution of $0.075 per unit for the month ending May 31, 2006. The distribution will be payable on June 15, 2006 to unitholders of record at the close of business on May 31, 2006. For Canadian income tax purposes, the distribution is comprised of taxable interest income of $0.06856 per unit, a return of capital of $0.00444 per unit, and taxable dividend income of $0.00200 per unit.

The PRT Forest Regeneration Income Fund is an open ended, single purpose trust created to own all the common shares and subordinated notes of Pacific Regeneration Technologies Inc. PRT is the largest producer of container grown forest seedlings in North America, operating 16 nurseries, and expecting to manage over 220 million seedlings in 2006. The Fund's units are listed for trading on the Toronto Stock Exchange under the symbol PRT.UN.


Contact Information

  • PRT Forest Regeneration Income Fund
    Robert Miller
    VP Finance/CFO
    (866) 553-8733 ext. 227