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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: David Culver who started this subject	10/31/2000 4:01:25 PM
From: Veteran98	Read Replies (2) of 11633

This news should boost ERF.G tomorrow..... Enerplus declares November distribution. Enerplus Resources Fund ERF.G Shares issued 39,112,874 2000-10-30 close $22.3 Tuesday Oct 31 2000 News Release Ms. Christina Meeuwsen reports A cash distribution in the amount of 75 cents per unit will be payable on Nov. 20, 2000, to all unitholders of record at the close of business on Nov. 10, 2000. This distribution comprises a supplemental adjustment of 45 cents per unit in addition to the monthly cash distribution amount of 30 cents per unit based upon funds flow received during the third quarter ended Sept. 30, 2000. Total cash distributions for the quarter equal $1.35 per unit, comprised three monthly base distributions of 30 cents per unit and the supplemental payment of 45 cents per unit. This supplemental adjustment represents a 246-per-cent increase over the supplemental adjustment paid at the end of the second quarter. In addition, approximately six cents of funds flow was applied to reduce the fund's outstanding bank debt during the quarter. Enerplus Resources Fund's new trailing 12-month distributions paid totals $4.48 per unit.

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