Art In Motion Income Fund

Art In Motion Income Fund

July 09, 2007 16:30 ET

Art In Motion Income Fund Announces Changes to Board of Trustees

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 9, 2007) - Art In Motion Income Fund (the "Fund") (TSX:AIM.UN) announced today that Antonella Vergati has resigned her position as Trustee of the Fund and Director of Art In Motion GP Inc. in order to focus on her other professional commitments. Ms. Vergati has been a Trustee and Director since the initial public offering of the Fund and her contributions to the board during that time are greatly appreciated.

In addition, the Fund announced today that Jeff Larsen has been appointed to the Board of Trustees of the Fund and to the Board of Directors of Art In Motion GP Inc. Art In Motion GP Inc. is the general partner of Art In Motion Limited Partnership (AIM LP) an indirect operating subsidiary of the Fund. Mr. Larsen is the Vice-President and General Counsel of Clarke Inc., a significant unitholder of the Fund. In his role with Clarke Inc. Mr. Larsen manages legal issues and provides strategic advice related to the company's public disclosure, regulatory compliance, corporate governance, investments, mergers and acquisitions, corporate and commercial matters, as well as disputes and litigation proceedings. In conjunction with his role at Clarke Inc., Mr. Larsen is a member of the Board of Directors of Groupe Bikini Village Inc.

Mr. Larsen holds a Bachelor of Arts from McMaster University, a Juris Doctor from the University of Toronto and a Master of Laws from Osgoode Hall Law School, York University. He is also currently enrolled in the MBA program at Imperial College, University of London. Mr. Larsen is admitted to the practice of law in the provinces of Ontario and Nova Scotia.

The Fund is an unincorporated, open-ended limited purpose trust established under the laws of British Columbia to hold, indirectly, the securities of AIM LP. AIM LP is a leading global publisher, framer and licensor of images and fine-art reproductions. Art In Motion designs, manufactures and markets fine-art reproductions based on proprietary artwork.

Contact Information

  • Art In Motion Income Fund
    Allan Achtemichuk
    Chief Financial Officer
    1-877-AIM-3233 (1-877-246-3233)