CALGARY, Aug. 16, 2013 /CNW/ - MINT Income Fund announced that it has filed a notice with the Toronto Stock Exchange (the "TSX") and received its approval to make a normal course issuer bid ("NCIB") for its Class A units through the facilities of the TSX. This NCIB will commence on August 20, 2013 and will terminate on November 14, 2013. In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund.
The Fund had 6,486,526 units issued and outstanding as at August 13, 2013. The Fund may, during the period commencing August 20, 2013 purchase on the TSX up to 647,452 units, being 10% of the public float and may not, in any 30 day period, purchase more than 129,730 units, being 2% of the units issued and outstanding. The Fund will cancel all Class A units purchased pursuant to the bid. MINT Income Fund believes that its Class A units represent good value for the Fund.
MINT's Class A units trade on the Toronto Stock Exchange under the symbol "MID.A".
SOURCE: MINT Income Fund
For further information visit our website at www.middlefield.com or contact the undersigned:
Nancy Tham
Senior Vice President
(416) 847-5349