Phoenix Technology Income Fund
TSX : PHX.UN

Phoenix Technology Income Fund

August 16, 2005 12:07 ET

CORRECTION FROM SOURCE: Phoenix Technology Income Fund Confirms Cash Distribution for September 15, 2005

CALGARY, ALBERTA--(CCNMatthews - Aug. 16, 2005) -

Correction to press release sent out August 15, 2005; changes were made to the first paragraph, in reference to the monthly cash distribution month. The month was changed from July to August.

The complete and corrected version is as follows:

Phoenix Technology Income Fund (TSX:PHX.UN) ("Phoenix") confirms that the monthly cash distribution for the month of August in the amount of $0.045 per trust unit, will be paid on September 15, 2005 to unitholders of record on August 31, 2005.

About Phoenix Technology Income Fund

Phoenix Technology Income Fund provides horizontal and directional drilling services to oil and natural gas exploration and development companies in Canada and the United States. Phoenix's trust units are listed on the Toronto Stock Exchange under the symbol "PHX.UN".

The Toronto Stock Exchange has neither approved nor disapproved the information contained herein.

Contact Information

  • Phoenix Technology Income Fund
    John Hooks
    President and Chief Executive Officer
    (403) 543-4466
    or
    Phoenix Technology Income Fund
    Cameron Ritchie
    Chief Financial Officer
    (403) 543-4466