Canexus Income Fund
TSX : CUS.UN

Canexus Income Fund

October 10, 2008 13:31 ET

Canexus Advised of TSX Service Interruption Resulting in Temporary Halt of Trading

CALGARY, ALBERTA--(Marketwire - Oct. 10, 2008) - Canexus Income Fund (TSX:CUS.UN) (the "Fund") today announced that it has been advised by the TSX Group of a temporary halt to trading of its units due to a service interruption on the TSX Quantum trading platform this morning. The cause of the delay remains under investigation and trading will be resumed at the earliest opportunity once the fault has been corrected. This trading interruption is entirely unrelated to Canexus' business.

"In spite of the current turbulence being experienced in financial markets, our business continues to perform well and will benefit from the weakening Canadian dollar," said Gary Kubera, President and Chief Executive Officer. "Our technology conversion project (TCP) at our North Vancouver chlor-alkali plant is on track and we have committed financing through August 2011 to continue to execute our growth strategy. I look forward to service being quickly restored for a return to normal trading."

About Canexus

Canexus produces sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries. Canexus' five plants in Canada and one plant in Brazil are reliable, low-cost, strategically located facilities that capitalize on competitive electricity costs and transportation infrastructure to minimize production and delivery costs. Canexus targets opportunities to maximize unitholder returns and delivers high quality products to its customers. Canexus is listed on the Toronto Stock Exchange under the symbol CUS.UN. More information about Canexus is available at www.canexus.ca.

Contact Information

  • Canexus Limited
    Gary Kubera
    President and CEO
    (403) 571-7300
    or
    Canexus Limited
    Richard McLellan
    CFO
    (403) 571-7300
    Website: www.canexus.ca