Dominion Citrus Income Fund

TSX : DOM.UN


Dominion Citrus Income Fund

August 27, 2014 16:10 ET

Dominion Citrus Income Fund (TSX:DOM.UN) and Dominion Citrus Limited (TSX:DMN.PR.A): Strategic Review Valuation Report

TORONTO, ONTARIO--(Marketwired - Aug. 27, 2014) - Dominion Citrus Income Fund ("DCIF") (TSX:DOM.UN) reports that as part of its strategic review process it has received a valuation report prepared by Klein Farber Corporate Finance Inc. ("Klein Farber") The report provides insight into the business units of DCIF's Dominion Citrus Limited ("DCL") subsidiary and is valuable in assisting the Trustees in determining the correct course for DCIF in the ongoing strategic review.

DCIF and DCL have posted the Klein Farber report on SEDAR to provide all investors with the information contained in the report.

About Dominion

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 Series A preference shares of DCL are listed on the TSX under the symbol DMN.PR.A.

Dominion is a diversified food company supplying fresh produce to a wide variety of customers in retail, foodservice and food distribution businesses. Dominion provides procurement, processing, repacking, sorting, grading, warehousing and distribution services to its major domestic markets being Ontario and Québec. Dominion also supplies products to customers in the United States. The Fund's website may be accessed at www.dominioncitrus.com.

Cautionary Statement Regarding Forward Looking Information and Statements

Certain statements contained in this press release contain "forward-looking information" pursuant to Canadian securities laws ("forward-looking statements"). Forward-looking statements relate to future events or the DCIF's or DCL's future performance, including the exercise of the Option, redemption of Notes and the ability of DCL to make interest payments. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "contemplate", "continue", "estimate", "expect", "intend", "propose", "might", "may", "will", "shall", "project", "should", "could", "would", "believe", "predict", "forecast", "pursue", "potential" and "capable" and similar expressions are intended to identify forward-looking statements. These forward-looking statements may be affected by the risks and uncertainties in DCIF's and DCL's business, including those described in DCIF's most recent annual information form filed on SEDAR at www.sedar.com. Any forward-looking statements speak only as of the date of this press release, and DCIF assumes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date of this press release except as required by applicable securities laws.

To view the documents associated with this press release, please visit the following links:

http://media3.marketwire.com/docs/Dominion%20Citrus%20Limited%20-%20Final%20Report%20%20Schedules.pdf

http://media3.marketwire.com/docs/Dominion%20Citrus%20-%20Final%20Schedules.pdf

http://media3.marketwire.com/docs/Valuators%20Consent.pdf

Contact Information

  • Dominion Citrus Ltd.
    Winston Ash
    President & CEO
    416-242-8341 x 250

    Dominion Citrus Income Fund
    Peter McLaughlin, Chairman
    Board of Trustees
    416-802-2367