MONTREAL, QUEBEC--(Marketwire - June 7, 2010) - Canadian Helicopters Income Fund (TSX:CHL.UN) (the "Fund") is pleased to announce that it has indirectly acquired, through Heli-Welders Canada Ltd. ("Heli-Welders"), substantially all of the assets of Nampa Valley Helicopters, Inc. ("Nampa") for a purchase price of US$6,700,000, subject to customary post-closing adjustments.