TORONTO: CAPVEST Income Corp. (the “Company”) is pleased to announce a $0.025 per share quarterly dividend. The dividend will be paid on October 19, 2007 to shareholders of record on the close of business on September 28, 2007. As a result of trade settlement procedures, the common shares will trade “ex-dividend” commencing on the opening of trading on September 26, 2007. Subject to the Board approval, the Company intends to pay quarterly dividends of $0.025 per share for the remainder of 2007.CAPVEST Income Corp.: CAPVEST Income Corp. is an investment corporation listed on the TSX Venture Exchange (“TSX-V”). The Company invests in a diversified group of energy-related income and royalty funds and a diversified group of publicly traded infrastructure companies in Canada and other member countries of the Organization for Economic Co-operation and Development (OECD). The Company also intends to target direct ownership in infrastructure assets providing sustainable and predictable current cash flow returns. Its common shares and 7% convertible debentures trade under the symbols CSV and CVS.DB, respectively. CAPVEST Income Corp. is managed by Sentry Select Capital Corp. (“Sentry Select”).Trading information and NAV: As of September 4, 2007, the Company’s closing price on the TSX-V was $1.15 per share and the most recent net asset value as of August 30, 2007 was $1.66 per share. The convertible debentures, due December 31, 2008, closed on the TSX-V at $95.00 on September 4, 2007.The Manager: Sentry Select Capital Corp. is a Canadian wealth management company that manages over $8 billion in gross assets as of July 31, 2007. Sentry Select offers a diverse range of investment products including closed-end trusts, mutual funds, principal-protected notes and flow-through limited partnerships, covering a variety of domestic and global mandates. With 29 reporting issuers, Sentry Select is the manager and/or advisor to more TSX-listed entities than any other investment manager. In addition, Sentry Select manages and/or provides advisory services to four reporting issuers listed on the TSX-V.More information: Investor Services (broker/investor inquiries) or Kinga Lam (media inquiries) Tel: 1-888-246-6656 Fax: 416-364-1197 email@example.com
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Certain statements included in this letter constitute forward-looking statements, including those identified by the expressions ‘‘expect’’, ‘‘intend’’, “will” and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. In particular, any decision to pay dividends on the common shares will be dependent upon the financial requirements of the Company, the Company’s obligations under the convertible debentures, the financial condition of the Company, the distribution requirements for investment corporations and such other factors as the Board considers relevant. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
Les documents (y compris les communiqués de presse) se rapportant aux divers fonds d'investissement pour lesquels Sentry agit à titre de gestionnaire ou de conseiller ne sont fournis qu'à titre informatif. Ces documents ne peuvent être considérés comme étant exhaustifs ou exempts d'erreur sans un examen approfondi de la totalité des documents se rapportant à un fonds d'investissement en particulier disponibles sur SEDAR (www.sedar.com).