Noranda Income Fund Announces A Cash Distribution for the Month of November 2012 of $0.04167 Per Priority Unit
November 20 2012 - 8:00AM
Marketwired
Noranda Income Fund (TSX:NIF.UN) announced today that the Board of
Trustees of Noranda Operating Trust has approved a distribution for
the month of November 2012 of $0.04167 per priority unit (each, a
"Priority Unit") payable on December 27, 2012 to Priority
Unitholders of record as at the close of business on November 30,
2012.
There is no assurance that monthly distributions will continue
in the future, nor is there any assurance that, if they do
continue, the level or frequency of such monthly distributions will
not vary from the level of the most recent monthly cash
distributions.
Noranda Income Fund is an income trust whose units trade on the
Toronto Stock Exchange under the symbol "NIF.UN". Noranda Income
Fund was created to acquire Noranda Inc.'s CEZ processing facility
and ancillary assets (the "CEZ processing facility") located in
Salaberry-de-Valleyfield, Quebec. The CEZ processing facility is
the second-largest zinc processing facility in North America and
the largest zinc processing facility in eastern North America,
where the majority of zinc customers are located. It produces
refined zinc metal and various by-products from zinc concentrates
purchased from mining operations. The CEZ processing facility is
operated and managed by Canadian Electrolytic Zinc Limited.
Further information about Noranda Income Fund can be found at
www.norandaincomefund.com.
Contacts: Michael Boone Vice President and Chief Financial
Officer Canadian Electrolytic Zinc Limited Noranda Income Fund's
Manager 416-775-1561info@norandaincomefund.com
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