PRT Forest Regeneration Income Fund
TSX : PRT.UN

PRT Forest Regeneration Income Fund

April 18, 2007 13:40 ET

PRT Announces April 2007 Distribution and Release Date for First Quarter 2007 Results

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - April 18, 2007) - The PRT Forest Regeneration Income Fund (TSX:PRT.UN) announced today a cash distribution of $0.075 per unit for the month ending April 30, 2007. The distribution will be payable on May 15, 2007 to unitholders of record at the close of business on April 30, 2007. For Canadian income tax purposes, the distribution is comprised of taxable interest income of $0.071231 per unit, a return of capital of $0.002369 per unit, and taxable dividend income of $0.0014 per unit.

Release Date for First Quarter 2007 Results

The Fund will release its First Quarter financial results on Monday, May 7, 2007. The Fund will also host an open conference call to further discuss these results, on Tuesday, May 8, 2007 at 2:00 p.m. (EST). The toll-free dial-in phone number is 1-866-585-6398. To access a recording of the call at a later time, dial 1-866-245-6755, Playback Conference ID # 802038. The recording will be available until May 15, 2007.

PRT will also webcast the conference call on the Internet, available via our web site at www.prtgroup.com. The webcast will be archived and available for listening at a later date.

The PRT Forest Regeneration Income Fund is an open ended, single purpose trust created to own all the common shares and subordinated notes of Pacific Regeneration Technologies Inc. PRT is the largest producer of container grown forest seedlings in North America, operating 15 nurseries in Canada and in the USA. The Fund's units are listed for trading on the Toronto Stock Exchange under the symbol PRT.UN.

Contact Information

  • PRT Forest Regeneration Income Fund
    Robert Miller
    VP Finance/CFO
    1-866-553-8733 ext. 227
    Website: www.prtgroup.com