Prime Restaurants Royalty Income Fund
TSX : EAT.UN

Prime Restaurants Royalty Income Fund

April 09, 2009 15:13 ET

Prime Restaurants Royalty Income Fund Announces Timing of First Quarter 2009 Results & Conference Call

MISSISSAUGA, ONTARIO--(Marketwire - April 9, 2009) - Prime Restaurants Royalty Income Fund (TSX:EAT.UN) announced today that it will issue its results for the three months ended March 31, 2009 on the afternoon of Tuesday, May 5, 2009.

A conference call to discuss the results will be hosted by management on Wednesday, May 6, 2009 at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time). Interested participants may dial (416) 849-2698 or toll-free at (1- 866) 400-2270 to access the call.

The Conference Call will be broadcast over the Fund's website at www.primeincomefund.ca.

Please call by telephone or log in on the website 10 minutes prior to the start of the call.

The Conference Call will also be archived on the Fund's web site following the completion of the call.

Prime Restaurants Royalty Income Fund ("the Fund") is a limited purpose trust authorised to issue an unlimited number of Trust Units ("Units") established to invest in PRC Trademarks Inc. ("TradeMarkCo"). The source of revenue for the Fund is through its ownership in, and debt instrument issued by, TradeMarkCo. The Fund receives interest income on the $63,202,630 TradeMarkCo Note based on 11.25% per annum which it distributes to its Unitholders. TradeMarkCo owns certain trade-marks and licenses their use to Prime Restaurants of Canada Inc. ("PRC") which operates and franchises the restaurant and bar business. In return, TradeMarkCo receives royalty income based on 3.25% of gross revenue from the royalty pooled restaurants operated and franchised by PRC. For more information, please visit our website at www.primeincomefund.ca.

Contact Information