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 October 13, 2015 - 6:45 PM EDT
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Crius Energy Trust Confirms Fourth Quarter 2015 Distributions

Crius Energy Trust Confirms Fourth Quarter 2015 Distributions

Canada NewsWire


TORONTO, Oct. 13, 2015 /CNW/ - Crius Energy Trust (the "Trust") (TSX: KWH.UN) announced today that it has confirmed its monthly distribution of $0.0583 per unit through the fourth quarter of 2015, payable for each of October 2015, November 2015 and December 2015. 

Distributions for the fourth quarter of 2015 will be paid to unitholders as set forth below:

Record Date


Ex-Distribution Date

Dividend Payable Date

Dividend Amount per Unit

October 31, 2015


October 28, 2015

November 16, 2015


November 30, 2015


November 26, 2015

December 15, 2015


December 31, 2015


December 29, 2015

January 15, 2016


About Crius Energy Trust

Crius Energy Trust was established to provide investors with a distribution-producing investment through the acquisition of a 43.1% ownership interest in Crius Energy, LLC. With approximately 800,000 residential customer equivalents, Crius Energy, LLC is a comprehensive energy solutions partner that provides electricity, natural gas and solar products to residential and commercial customers. Crius Energy, LLC connects with energy customers through an innovative family-of-brands strategy and multi-channel marketing approach. This unique combination creates multiple access points to a broad suite of energy products and services that make it easier for consumers to make informed decisions about their energy needs. Crius Energy, LLC currently sells energy products in 20 states and the District of Columbia with plans to continue expanding its geographic reach.

The Trust intends to continue to qualify as a "mutual fund trust" under the Income Tax Act (Canada) (the "Tax Act"). The Trust will not be a "SIFT trust" (as defined in the Tax Act) provided that the Trust complies at all times with its investment restriction which precludes the Trust from holding any "non-portfolio property" (as defined in the Tax Act). Material information pertaining to the Trust may be found on SEDAR under the Trust's issuer profile at or on the Trust's website

Forward-looking statements are subject to certain risks and uncertainties, and should not be read as guarantees of future performance or results and actual results may differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include but are not limited to, Crius Energy, LLC's results of operations, financial position or cash flows, customer revenues and margins, customer additions and renewals, customer attrition, customer consumption levels, general and administrative expenses, treatment under governmental regulatory regimes, the Trust's objectives and status as a mutual fund trust and not a SIFT trust, the Trust's distributable cash and the Trust's expectations and estimates regarding the payment of distributions to unitholders. Such assumptions, expectations, estimates, risks and uncertainties are discussed under the headings "Risk Factors" (beginning on page 67) and "Special Notes to Reader – Forward-Looking Statements and Risk Factors" (beginning on page 9) in the Annual Information Form of the Trust dated March 24, 2015, and under the headings "Financial Instruments and Risk Management" (beginning on page 19) and "Forward-Looking Statements" (beginning on page 32) in the Management's Discussion and Analysis of the Trust dated March 24, 2015. Consequently, we cannot guarantee that any forward-looking statements will materialize. Readers should not place any undue reliance on such forward-looking statements. 

SOURCE Crius Energy Trust

Michael Fallquist, Chief Executive Officer, (203) 663-7545; Roop Bhullar, Chief Financial Officer, (203) 883-9900; Kelly Castledine, Investor Relations, (416) 644-1753, kcastledine@criusenergy.comCopyright CNW Group 2015

Source: Canada Newswire (October 13, 2015 - 6:45 PM EDT)

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