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Last updated on May 26, 2012 at 11:48 EDT

Canadian Equipment Rental Fund Limited Partnership Announces Distribution of $0.16 per Unit

December 12, 2008
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TSX Venture Symbol: CFL.UN

CALGARY, Dec. 12 /PRNewswire-FirstCall/ – The board of directors of the general partner for Canadian Equipment Rental Fund Limited Partnership (the “Partnership”), is pleased to announce that, they have approved a cash distribution to the Partnership unitholders of $0.16 per unit. This distribution will bring the total distributions in 2008 to $0.64 per unit. Payment will be made on or about January 12, 2009, to unitholders of record as of the close of business on December 31, 2008.

Investors are cautioned that future distributions are always subject to approval from the board of directors of the general partner and may be increased, decreased or suspended by the board at any time.

Partners are reminded that taxes based on the income of the Partnership are the responsibility of the individual partners. Each unit holder is responsible for reporting their share of the Partnership’s taxable income on their individual tax returns. Taxable income is unrelated to the amount of distributions paid in the year and differs from book income.

Each partner who was a unit holder of record at any of the 2008 distribution dates will receive, by mail in March of 2009, a form T5013 from the Partnership’s Transfer Agent or the partner’s brokerage firm. The T5013 indicates the amount of taxable income the partner is responsible to report.

CERFLP is a Canadian limited partnership engaged in the rental, sale and service of industrial and construction equipment. CERFLP trades on the TSX Venture Exchange under the symbol “CFL.UN” and currently has 5,804,228 units issued and outstanding.

FORWARD LOOKING STATEMENTS

This press release contains forward looking statements subject to various risk factors and uncertainties, which may cause the actual results, performances, cash flows or the ability to pay distributions to be materially different from the results, performances, cash flow or the ability to pay distributions expressed or implied by such forward looking statements.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

SOURCE Canadian Equipment Rental Fund Limited Partnership


Source: newswire