Dominion Completes Conversion into Income Trust.TORONTO -- Dominion Citrus Limited (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :DMN DMN Dimension DMN Dimethylnitrosamine (carcinogen) DMN Data Multiplexing Network DMN Defective Material Notice DMN Discrete Memoryless Network DMN Document Management Number DMN Dynamic Mesh Network DMN Digital Milti-Network )(TSX:DMN.PR.A) ("Dominion", the "Company") is pleased to announce the completion of its plan of arrangement resulting in the conversion of Dominion from a corporate entity into an income fund. The plan of arrangement, which was approved by common shareholders on December 22, 2005, has received the necessary court and regulatory approvals. Pursuant to the plan of arrangement, common shares of Dominion have been exchanged for units of Dominion Citrus Income Fund (the "Fund") on the basis of one (1) unit of the Fund per common share. The Fund units are expected to commence trading on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "DOM.UN" on or about January 6, 2006. The preference shares of Dominion will continue to be traded under the symbol "DMN.PR.A". About Dominion Dominion is a diversified food company supplying fresh produce, premium juices and maple syrup maple syrup: see under maple. to a wide variety of customers in retail, foodservice and food distribution businesses. The Company provides procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , processing, repacking, sorting, grading, warehousing and distribution services to over 400 customers, with its major domestic markets being Ontario and Quebec. The Company also supplies products to customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Europe. The website may be accessed at www.dominioncitrus.com. Caution regarding Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This release contains statements, which, to the extent that they are not a recitation rec·i·ta·tion n. 1. a. The act of reciting memorized materials in a public performance. b. The material so presented. 2. a. Oral delivery of prepared lessons by a pupil. b. of historical fact, may constitute "forward-looking statements". Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, objectives or performance, or our underlying assumptions. The words "estimate", "anticipate", "believe", "expect", "intend" or other similar expressions of future or conditional verbs such as "will", "should", "would" and "could" are intended to identify forward-looking statements. Persons reading this press release are cautioned that such statements are only expectations, and that our actual results or performance may be materially different. Forward-looking information involves certain risks, assumptions, uncertainties and other factors, which may cause actual future results to differ materially from those expressed or implied in any forward-looking statements. Readers should not place undue reliance on these forward-looking statements when making decisions, and should consider the date onto which the statements were made. Except as required by applicable security law, management disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Dominion Citrus Limited (TSX:DMN) (TSX:DMN.PR.A) |
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