Search Stocks

Latest Key Developments (Source: Significant Developments)

ACTIVEnergy Income Fund Announces Second Quarter 2013 Distributions
Thursday, 18 Apr 2013 09:00am EDT 

ACTIVEnergy Income Fund announced that distributions for the Second quarter of 2013 will be payable to shareholders as follows; Distribution Per Trust Unit will be $0.05. The record dates are April 30, 2013, May 31, 2013, June 30, 2013. The payment date of dividends are May 15, 2013, June 14, 2013, July 15, 2013.  Full Article

ACTIVEnergy Income Fund Announces Normal Course Issuer Bid
Thursday, 8 Dec 2011 01:00pm EST 

ACTIVEnergy Income Fund announced its intention to make a normal course issuer bid for its units through the facilities of the Toronto Stock Exchange (the TSX). This normal course issuer bid will commence on December 12, 2011 and will terminate on December 11, 2012. In accordance with the Declaration of Trust by which ACTIVEnergy is governed, market purchases pursuant to its normal course issuer bid may be effected by the Fund. The Fund had 20,492,768 units issued and outstanding as at December 8, 2011. ACTIVEnergy may, during the 12 month period commencing December 12, 2011 purchase on the TSX up to 2,048,772 units, being 10% of the public float of 20,487,725 units and may not, in any 30 day period, purchase more than 409,855 units, being 2% of the units issued and outstanding. ACTIVEnergy will hold in treasury for resale all units purchased pursuant to the bid. As at December 2, 2011 ACTIVEnergy had purchased 242,800 units at an average price of $8.49 per unit under its previously approved normal course issuer bid. ACTIVEnergy believes that its units represent good value for the Fund and purchases under the normal course issuer bid may serve to enhance returns to unitholders.  Full Article

ACTIVEnergy Income Fund Announces Rights Offering Fully Subscribed
Thursday, 8 Dec 2011 10:15am EST 

ACTIVEnergy Income Fund announced that it has closed the offering of Rights to its Unitholders raising gross proceeds of $37,143,099(5,123,186 Units), being the maximum permitted under the offering. Each Unitholder was given one Right for each Unit held on November 8, 2011. Three Rights entitled the holder to purchase one ACTIVEnergy Unit at a price of $7.25 until December 6, 2011. The Rights Offering was significantly oversubscribed. The net proceeds of the Rights Offering will be invested by the Fund in accordance with its investment objectives.  Full Article

ACTIVEnergy Income Fund Announces Rights Offering
Thursday, 27 Oct 2011 06:49pm EDT 

ACTIVEnergy Income Fund announced that it has filed a final prospectus in connection with an offering of Rights to its unitholders to subscribe for Units (the Rights Offering). Unitholders of record at the close of business (Toronto time) on November 8, 2011 will receive one Right for each ACTIVEnergy Unit held at that time. The Rights will commence trading on the Toronto Stock Exchange (TSX) under the symbol AEU.RT on November 4, 2011. Three Rights will entitle the holder to purchase one ACTIVEnergy Unit at a price of $7.25 until 4:00 p.m. (Toronto time) on December 6, 2011, at which time all unexercised Rights will expire with closing of exercised Rights to occur shortly thereafter. If all the Rights are exercised, the Fund will issue approximately 5,300,000 Units and receive net proceeds of approximately $38 million. The subscription price of $7.25 is approximately 88% of the closing price of the Units on the TSX on October 25, 2011. The net proceeds of the Rights Offering will be invested by the Fund in accordance with its investment objectives. The Fund's investment objectives are to (i) pay monthly distributions to Unitholders, return to Unitholders upon the termination of the Fund at least the original subscription price of the Units, and enhance long-term total return through capital appreciation of the Portfolio.  Full Article

  • Previous
  • Next

Activenergy Income Fund News

» More ATVYF.PK News

Earnings vs. Estimates

No consensus analysis data available.
» More Financials
Search Stocks