PRT Forest Regeneration Income Fund
TSX : PRT.UN

PRT Forest Regeneration Income Fund

November 17, 2006 13:24 ET

PRT Announces November 2006 Distribution

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - Nov. 17, 2006) - The PRT Forest Regeneration Income Fund (TSX:PRT.UN) announced today a cash distribution of $0.075 per unit for the month ending November 30, 2006. The distribution will be payable on December 15, 2006 to unitholders of record at the close of business on November 30, 2006. For Canadian income tax purposes, the distribution is comprised of taxable interest income of $0.06856 per unit, a return of capital of $0.00444 per unit, and taxable dividend income of $0.00200 per unit.

The PRT Forest Regeneration Income Fund, through its operating subsidiary, Pacific Regeneration Technologies Inc., is the largest producer of container grown forest seedlings in North America. PRT operates 16 nurseries, and is managing approximately 220 million seedlings in 2006. 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
    (866) 553-8733 ext. 227
    Website: www.prtgroup.com