Dominion Citrus Income Fund
TSX : DOM.UN

Dominion Citrus Income Fund
Dominion Citrus Limited
TSX : DMN.PR.A

Dominion Citrus Limited

October 30, 2015 13:48 ET

Dominion Citrus Income Fund and Dominion Citrus Limited: Organization Change

TORONTO, ONTARIO--(Marketwired - Oct. 30, 2015) - Dominion Citrus Limited (TSX:DMN.PR.A) ("DCL") and Dominion Citrus Income Fund (TSX:DOM.UN) (the "Fund") announce today that the Board of Directors of DCL is negotiating with Paul Scarafile to act as its Chief Executive Officer, subject to finalization of the definitive terms of his contract. In the interim Mr. Scarafile has agreed to act as interim CEO of DCL to replace Winston Ash whose resignation took effect today (see press release dated October 1, 2015). Mr. Scarafile has been a director of DCL and a trustee of the Fund since 2011. He is a principal of Scarafile Produce, a seasonal business operating at the Ontario Food Terminal.

About Dominion

DCL is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. DCL provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Québec. DCL also supplies products to customers in the United States. The Series A preference shares of DCL are listed on the TSX under the symbol DMN.PR.A.

The Fund is a publicly traded, unincorporated, open-ended limited purpose income trust. On January 1, 2006, all of the common shares of DCL were exchanged for trust units of the Fund. The trust units are listed on the TSX under the symbol DOM.UN. The Fund's website may be accessed at www.dominioncitrus.com.

Contact Information

  • Barry Cracower
    Director
    Dominion Citrus Limited
    Tel.: (416) 473-3070

    Peter McLaughlin
    Chairman of the Board of Trustees
    Dominion Citrus Income Fund
    Tel.: (416) 802-2367