Citadel Income FundTSX: CTF.UN

Details of Equal Weight Plus and Crown Hill Fund Merger Announced

· Issued by Citadel Income Fund via CNW
Oct. 16, 2009 (Canada NewsWire Group) --

TORONTO, Oct. 16 /CNW/ -- Citadel Fund Administrator ("Citadel") and Crown Hill Capital Corporation announced today that the merger of Equal Weight Plus Fund with Crown Hill Fund is expected to proceed as of November 26, 2009 (the "Effective Date"). For unitholders who redeemed units pursuant to the special redemption privilege in connection with the merger, the redemption proceeds are expected to be paid in the first week of December, based on the November 26, 2009 net asset values.

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