Shiningbank Withdraws Future Oriented Financial Information.CALGARY, Alberta--(BUSINESS WIRE)--Dec. 12, 1996--Shiningbank Energy Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). SHN SHN Saint Helena (ISO Country code) SHN Servicio de Hidrografía Naval SHN Shorthand Note SHN Self Healing Network .IR.) and Shiningbank Energy Income Fund announce that as a result of the previously announced acquisition of producing properties for $17.2 million, material changes have occurred in certain of the underlying assumptions to the future oriented financial information ("FOFI FOFI Federazione degli Ordini dei Farmacisti Italiani FOFI Future-Oriented Financial Information FOFI Focus on the Family Institute ") set out in the initial public offering prospectus of the Fund dated July 18, 1996. Accordingly, such FOFI is withdrawn and will be updated. In accordance with National Policy 48, Shiningbank intends to provide updated FOFI at the time it mails its December 31, 1996 audited financial statements to unitholders. Shiningbank Energy Income Fund is an oil and gas royalty trust royalty trust An ownership interest in certain assets, generally crude oil or gas production and real estate. Unlike the usual corporate organization, a trust arrangement permits income and tax benefits to flow through to the individual owners. . Instalment receipts representing the right to receive distributions and to acquire Trust Units of the Fund upon the payment of $4.00 per Trust Unit are listed 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 "SHN.IR". CONTACT: Shiningbank Energy Management Inc. Arne R. Nielsen, 403/ 268-7477 403/ 268-7499 (FAX) or Shiningbank Energy Management Inc. David Fitzpatrick, 403/ 268-7477 403/ 268-7499 (FAX) |
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