PRT Forest Regeneration Income Fund
TSX : PRT.UN

PRT Forest Regeneration Income Fund

March 18, 2008 14:05 ET

PRT Announces March 2008 Distribution

VICTORIA, BRITISH COLUMBIA--(Marketwire - March 18, 2008) - The PRT Forest Regeneration Income Fund (TSX:PRT.UN) announced today a cash distribution of $0.02 per unit for the month ending March 31, 2008. The distribution will be payable on April 15, 2008 to unitholders of record at the close of business on March 31, 2008. For Canadian income tax purposes, the distribution is comprised of taxable interest income of $0.017631 per unit and a return of capital of $0.002369 per unit.

This distribution reflects the change in distribution level previously announced by the Fund in its press release dated February 28, 2008.

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