PRT Forest Regeneration Income Fund
TSX : PRT.UN

PRT Forest Regeneration Income Fund

March 19, 2007 13:28 ET

PRT Announces March 2007 Distribution

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - March 19, 2007) - The PRT Forest Regeneration Income Fund (TSX:PRT.UN) announced today a cash distribution of $0.075 per unit for the month ending March 31, 2007. The distribution will be payable on April 13, 2007 to unitholders of record at the close of business on March 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.

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 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