October 10, 2018 - 10:07 AM EDT
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Crius Announces Fourth Quarter 2018 Distributions

Canada NewsWire

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

TORONTO, Oct. 10, 2018  /CNW/ - Crius Energy Trust (the "Trust" or "Crius Energy") (TSX: KWH.UN) announced today that the Board of Directors of Crius Energy Administrator Inc., the administrator of the Trust (the "Board") has approved a monthly distribution of $0.0697 per Unit through the fourth quarter of 2018. Such distributions are payable for each of October 2018, November 2018 and December 2018 to unitholders of the Trust as set forth below.

Record Date

Period

Ex-Distribution
Date

Distribution Payable
Date

Distribution
Amount per Unit

October 31, 2018

October

October 30, 2018

November 15, 2018

$0.0697

November 30, 2018

November

November 29, 2018

December 17, 2018

$0.0697

December 31, 2018

December

December 28, 2018

January 15, 2019

$0.0697

 

About Crius Energy Trust

With approximately 1.4 million residential customer equivalents, Crius Energy provides competitive electricity and natural gas products to residential and commercial customers in 19 states and the District of Columbia in the United States. The Company sells energy products through a family of brands strategy utilizing a multi-channel sales approach including exclusive partnerships, direct-to-consumer channels, and broker marketing channels. Crius Energy offers consumers a broad suite of energy products and services including fixed and variable contracts, renewable energy, and bundled products to support their energy needs beyond what is offered by their local utility.

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 Crius may be found on SEDAR under the Trust's issuer profile at www.sedar.com or on the Trust's website at www.criusenergytrust.ca.

SOURCE Crius Energy Trust

View original content: http://www.newswire.ca/en/releases/archive/October2018/10/c6881.html

Michael Fallquist, Chief Executive Officer, Crius Energy Trust, (203) 663-7545; Roop Bhullar, Chief Financial Officer, Crius Energy Trust, (203) 883-9900; Kelly Castledine, Investor Relations, Crius Energy Trust, (416) 644-1753Copyright CNW Group 2018


Source: Canada Newswire (October 10, 2018 - 10:07 AM EDT)

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