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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Lorne Larson who wrote (545)	9/28/2000 10:21:34 AM
From: kingfisher	Read Replies (1) \| Respond to of 11633

Great news! I bought 2000 more units yesterday at $8.10. PrimeWest Energy Trust - News Release PrimeWest Energy increases distribution PrimeWest Energy Trust PWI.UN Shares issued 38,061,130 2000-09-27 close $8.15 Thursday Sep 28 2000 News Release Mr. Kent MacIntyre reports PrimeWest Energy Trust has made an increase in its distributions -- to a total of 20 cents per trust unit -- that will be paid monthly during the period November, 2000, through April, 2001. The decision to increase the total distribution and extend the payment period was made in light of continuing strong commodity prices and production levels, and lower operating costs and debt. Specifically, PrimeWest has increased its special monthly distribution payment from six cents to 10 cents per trust unit and extended the period during which it plans to pay the increased amount beyond the previously announced date. The new monthly distribution -- consisting of the 10-cent base rate and the 10-cent special payment -- will total 20 cents per trust unit. It will begin with the October-declared distribution for payment in November and continue at least until the March, 2001-declared, distribution for payment in April. PrimeWest now expects that total distributions declared in the calendar year 2000 will be a record $1.77 per trust unit, and that total distributions paid in the calendar year 2000 will be a record $1.67 per trust unit. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)