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


To: kingfisher who wrote (558)10/11/2000 8:39:56 PM
From: David Culver  Respond to of 11633
 
Yes seemed to be some large trades, given the rest of the market these trust are doing pretty well.

dave



To: kingfisher who wrote (558)10/19/2000 3:51:47 PM
From: Veteran98  Respond to of 11633
 
PWI.UN yielding 26.6% at 9.00. Distribution for November announced today.

PrimeWest declares cash distribution

PrimeWest Energy Trust PWI.UN
Shares issued 38,061,130 Oct 18 close $8.95
Thu 19 Oct 2000 News Release
Mr. Hugh Gillard reports
PrimeWest Energy Trust has confirmed its regular monthly cash distribution
of 10 cents per trust unit and a special distribution of 10 cents per trust
unit. This monthly distribution, totalling 20 cents per trust unit, will be
paid on Nov. 15, 2000, to all unitholders of record on Oct. 31, 2000. The
ex-distribution date is Oct. 27, 2000.
With the regular and extra distributions in November, PrimeWest will have
paid a total of $1.62 per trust unit during the previous 12-month period
(December, 1999, through November, 2000), and $5.07 per trust unit since
inception in October, 1996.
The company continues to expect to pay a total of 20 cents per trust unit
per month at least until the March, 2001 declared distribution for payment
in April, 2001.
PrimeWest also announced today its estimate with respect to the anticipated
taxability of distributions received in calendar 2000; the precise figures
will be communicated to unitholders in February, 2001. Due to record cash
flows, PrimeWest now expects that approximately 50 percent of distributions
received in 2000 will be treated as income in the year received, and that
approximately 50 per cent will be treated as a tax-deferred return of
capital. The actual level of taxability is dependent upon commodity prices
received and company activities undertaken to year-end.