Advanced Fiber Technologies (AFT) Income Fund Announces Distribution for the Month Ending October 31, 2004.LENNOXVILLE, Quebec Lennoxville, population 4,963 (2001), is a borough (Fr. arrondissement) of the City of Sherbrooke, Quebec, Canada. It was originally a town, but was amalgamated into the larger city of Sherbrooke in 2002. -- Advanced Fiber Technologies (AFT) Income Fund (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :AFT.UN) announced that it has declared a cash distribution of $0.05 per unit payable on November 15, 2004 to unitholders of record at the close of business on October 29, 2004. Advanced Fiber Technologies (AFT) Income Fund's policy is to pay monthly distributions to unitholders of record on the last business day of each month. Unitholders are able to benefit from a Distribution Re-investment Plan (DRIP). This plan can only be used to purchase units that are already issued and outstanding, thus is not dilutive to existing unitholders. Only Canadian unitholders are eligible to participate in the plan. Unitholders are invited to obtain further information on this plan from their investment counsellors. Holders of units who are non-residents of Canada will be required to pay all withholding taxes The amount legally deducted from an employee's wages or salary by the employer, who uses it to prepay the charges imposed by the government on the employee's yearly earnings. payable in respect of any distributions of income by the Fund. Advanced Fiber Technologies (AFT) Income Fund is a limited purpose trust established to hold the securities of Advanced Fiber Technologies (AFT) Trust. AFT is one of the oldest and largest producers of pulp screening components, having celebrated its 100th year of operations in March 2003. AFT's product portfolio is now comprised of three distinct complementary technologies: pulp screening, pulp refining and pulp dewatering Dewatering (dē′wöd·ər·iŋ) is the removal of water from solid material or soil by wet classification, centrifugation, filtration, or similar solid-liquid separation processes. . Pulp screening components are used to remove contaminants from pulp, a process that is critical to ensuring the quality of the pulp and the quality of the resulting paper products. Pulp refining is adjacent to the pulp screening process and is mostly used to enhance pulp properties. Dewatering is a process used to thicken thick·en tr. & intr.v. thick·ened, thick·en·ing, thick·ens 1. To make or become thick or thicker: Thicken the sauce with cornstarch. The crowd thickened near the doorway. 2. pulp or to increase consistency of sludge before disposal. The statements contained in this news release that are forward-looking are based on current expectations, and are subject to a number of uncertainties and risks, and actual results may differ materially. These uncertainties and risks include, but are not limited to: the dependence on certain key suppliers, competitive pressures and changes in market activity, risks associated with international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and foreign exchange, legal proceedings All actions that are authorized or sanctioned by law and instituted in a court or a tribunal for the acquisition of rights or the enforcement of remedies. , environmental, health and safety and other regulatory requirements Regulatory requirements are part of the process of drug discovery and drug development. Regulatory requirements describe what is necessary for a new drug to be approved for marketing in any particular country. . Further information can be found in the disclosure documents filed by Advanced Fiber Technologies (AFT) Income Fund with the securities regulatory authorities, available at www.sedar.com. ADVANCED FIBER TECHNOLOGIES (AFT) INCOME FUND (TSX:AFT.UN) |
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