Canexus Income Fund
TSX : CUS.UN

Canexus Income Fund

July 13, 2007 12:09 ET

Canexus Announces Resignation of Senior Vice President, Operations

CALGARY, ALBERTA--(Marketwire - July 13, 2007) - Canexus Income Fund (TSX:CUS.UN) (the "Fund") today announced the resignation of its Senior Vice President, Operations. Keith McLeod, who has served in his current role since 2005, is leaving his position to join another company.

We are reviewing our organizational structure to determine the most strategic placement of Mr. McLeod's accountabilities. Canexus has a highly experienced and dedicated group of plant managers and other operations personnel across its plant system that will continue to ensure the safe and reliable operation of its facilities.

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