Inter Pipeline Fund Announces October 2012 Cash Distribution
October 04 2012 - 09:30AM
Marketwired
Inter Pipeline Fund ("Inter Pipeline") (TSX:IPL.UN) announced today
the declaration of a cash distribution of $0.0875 per unit for
October 2012. This distribution will be paid on or about November
15th, 2012 to unitholders of record on October 22nd, 2012.
Since inception, Inter Pipeline has paid over $1.9 billion in
cash distributions to its unitholders. Inter Pipeline's objective
is to provide investors with sustainable monthly cash
distributions, with distribution growth upside tied to the
development of Inter Pipeline's large portfolio of organic growth
projects.
Inter Pipeline Fund
Inter Pipeline is a major petroleum transportation, natural gas
liquids extraction, and bulk liquid storage business based in
Calgary, Alberta, Canada. Structured as a publicly traded limited
partnership, Inter Pipeline owns and operates energy infrastructure
assets in western Canada, the United Kingdom, Denmark, Germany and
Ireland. Additional information about Inter Pipeline can be found
at www.interpipelinefund.com.
Inter Pipeline is a member of the S&P/TSX Composite Index.
Class A Units trade on the Toronto Stock Exchange under the symbol
IPL.UN.
Eligible Investors
Pursuant to Inter Pipeline's limited partnership agreement dated
October 9, 1997, as amended, all unitholders are required to be
residents of Canada. A copy of the limited partnership agreement
can be found at www.interpipelinefund.com by selecting "Corporate
Governance". If a unitholder is a non-resident of Canada
("Non-Eligible Unitholder"), he will not be considered to be a
member of the partnership effective the date the Class A Units were
acquired. Inter Pipeline requires all Non-Eligible Unitholders to
dispose of their Class A Units in accordance with the limited
partnership agreement.
In most cases, a unitholder with an address outside of Canada
will be a Non-Eligible Unitholder.
Disclaimer
Certain information contained herein may constitute
forward-looking statements that involve risks and uncertainties.
Readers are cautioned not to place undue reliance on
forward-looking statements. Such information, although considered
reasonable by the General Partner of Inter Pipeline at the time of
preparation, may later prove to be incorrect and actual results may
differ materially from those anticipated in the statements made.
For this purpose, any statements that are not statements of
historical fact may be deemed to be forward-looking statements.
Forward-looking statements often contain terms such as "may",
"will", "should", "anticipate", "expects" and similar expressions.
Such risks and uncertainties include, but are not limited to, risks
associated with operations, such as loss of markets, regulatory
matters, environmental risks, industry competition, potential
delays and cost overruns of construction projects, including the
Polaris project, and the ability to access sufficient capital from
internal and external sources. You can find a discussion of those
risks and uncertainties in Inter Pipeline's securities filings at
www.sedar.com. The forward-looking statements contained in this
news release are made as of the date of this document, and, except
to the extent required by applicable securities laws and
regulations, Inter Pipeline assumes no obligation to update or
revise forward-looking statements made herein or otherwise, whether
as a result of new information, future events, or otherwise. The
forward-looking statements contained in this document are expressly
qualified by this cautionary note.
All dollar values are expressed in Canadian dollars unless
otherwise noted.
Contacts: Inter Pipeline Fund Investor Relations: Jeremy Roberge
Vice President, Capital Markets 403-290-6015 or
1-866-716-7473jroberge@interpipelinefund.com Inter Pipeline Fund
Media Relations: Tony Mate Director, Corporate and Investor
Communications 403-290-6166tmate@interpipelinefund.com
www.interpipelinefund.com