Phoenix Technology Income Fund
TSX : PHX.UN

Phoenix Technology Income Fund

December 15, 2006 13:27 ET

Phoenix Technology Income Fund Confirms Cash Distribution for January 15, 2007

CALGARY, ALBERTA--(CCNMatthews - Dec. 15, 2006) - Phoenix Technology Income Fund (TSX:PHX.UN) ("Phoenix") confirms that the monthly cash distribution for the month of December in the amount of $0.065 per trust unit, will be paid on January 15, 2007 to unitholders of record on December 29, 2006.

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
    Website: www.phoenixcan.com