Dominion Citrus Income Fund

Dominion Citrus Income Fund
Dominion Citrus Limited

Dominion Citrus Limited

July 12, 2010 17:36 ET

Dominion Citrus Income Fund (TMX:DOM.UN) and Dominion Citrus Limited (TMX:DMN.PR.A): Food Storage Agreement Signed for Kelfield Facility

TORONTO, ONTARIO--(Marketwire - July 12, 2010) - Dominion Citrus Income Fund ("Dominion", the "Fund") (TMX:DOM.UN) and Dominion Citrus Limited ("DCL") (TMX:DMN.PR.A) jointly announce the signing of a Food Storage Agreement (the "Agreement") for use of space at the company's 51 Kelfield Street facility in Toronto, Ontario. The Agreement is with an Ontario based food company (the "Customer") for an initial term of 1 year. The Customer has a further 1 year extension option. This Food Storage Agreement forms part of Dominion's strategy towards more optimal use of its 51 Kelfield Street facility. Dominion will continue to seek further alternatives to this end.

Caution regarding Forward-Looking Statements

This release contains statements which, to the extent that they are not a recitation of historical fact, may constitute "forward-looking statements". Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, objectives or performance, or our underlying assumptions. The words "estimate", "anticipate", "believe", "expect", "intend" or other similar expressions of future or conditional verbs such as "will", "should", "would" and "could" are intended to identify forward-looking statements. Persons reading this press release are cautioned that such statements are only expectations, and that our actual results or performance may be materially different.

Forward-looking information involves certain risks, assumptions, uncertainties and other factors which may cause actual future results to differ materially from those expressed or implied in any forward-looking statements.

Readers should not place undue reliance on these forward-looking statements when making decisions, and should consider the date onto which the statements were made. Except as required by applicable securities laws, management disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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 Quebec. DCL also supplies products to customers in the United States. DCL is the main operating subsidiary of the Fund. The Fund is a publicly traded, unincorporated, open-ended limited purpose income trust. The trust units are listed on the Toronto Stock Exchange under the symbol DOM.UN. The Series A preference shares of DCL are listed on the Toronto Stock Exchange under the symbol DMN.PR.A.

Dominion's website may be accessed at

Contact Information

  • Investors
    Dominion Citrus Income Fund
    Jason Fielden
    VP Finance, CFO & Corporate Secretary
    (416) 242-8341 Ext 250
    Dominion Citrus Income Fund
    Winston Ash
    President & CEO
    (416) 242-8341 Ext 249