HLD Land Development Limited Partnership
CNSX : HLD.UN

October 25, 2011 15:19 ET

HLD Land Development Limited Partnership Announces Distribution and Promissory Note Payment

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2011) - HLD Land Development Limited Partnership ("HLD" or the "Partnership") (CNSX:HLD.UN) today announced that the General Partner has declared a distribution of $0.10 per partnership unit payable on or after November 8, 2011 to Unitholders of record as of October 27, 2011. The ex-distribution date, the date as of which a purchaser of units in the Partnership is no longer entitled to receive the distribution, is October 26, 2011. The Partnership will make a concurrent payment of principal in the aggregate amount of $2,522.69 to the holders of promissory notes issued by the Partnership, reducing the amount owed on these non-interest bearing notes from $25,226.86 to $22,704.17.

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Contact Information

  • HLD Land Development Limited Partnership
    James Glass
    President and Chief Executive Officer of the General Partner
    604-696-3478