Prime Restaurants Royalty Income Fund Announces January 2008 Cash Distribution
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MISSISSAUGA, ONTARIO, Jan 22 (MARKET WIRE) --
Prime Restaurants Royalty Income Fund (TSX: EAT.UN) announced today that
it has declared a cash distribution of $0.094 per trust unit for the
period January 1, 2008 to January 31, 2008. The distribution will be made
February 15, 2008 to Unitholders of record at the close of business on
January 31, 2008.
About the Royalty Income Fund
Prime Restaurants Royalty Income Fund, through PRC Trademarks Inc.
("TradeMarkCo"), is entitled to receive top-line royalties of 3.25% of
the gross food and beverage revenue from pooled restaurants under the
terms of a 99-year licence agreement between TradeMarkCo and Prime
Restaurants of Canada Inc. ("PRC"). PRC operates and franchises a
diversified portfolio of casual dining restaurants and premium pubs in
Canada under the East Side Mario's, Casey's, and Fionn MacCool's brands.
Contacts:
Prime Restaurants of Canada Inc.
John Rothschild
Chairman and CEO
(905) 568-0000
Email: jrothschild@primerestaurants.com
Prime Restaurants Royalty Income Fund
Douglas J. Black, Q.C.
Chairman of the Board of Trustees and CEO
(403) 268-6879
Email: doug.black@fmc-law.com
Website: www.primeincomefund.ca
Copyright 2008, Market Wire, All rights reserved.
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