Business News • MarketWire • Noranda Income Fund Calls Requisitioned Special Meeting of Unitholders |
Noranda Income Fund Calls Requisitioned Special Meeting of Unitholders |
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Noranda Income Fund Calls Requisitioned Special Meeting of Unitholders
VALLEYFIELD, QUEBEC--(Marketwire - Sept. 20, 2010) - Noranda Income Fund (the "Fund") (TSX:NIF.UN) today announced that it has called a special meeting of the unitholders of the Fund to be held on November 15, 2010 (the "Meeting"). The Meeting has been called in accordance with the Fund's trust indenture in response to the previously announced requisition (the "Requisition") received on August 30, 2010 from CDS & Co., the nominee of CDS Clearing and Depository Services Inc., on behalf of certain unitholders (the "Requisitioning Unitholders"). The Requisition states that the business to be transacted at the Meeting is to consider an ordinary resolution to elect four individuals as independent trustees of Noranda Operating Trust (the "Trust"), in place of Lisa de Wilde, John C. Eby and Gerard A. Limoges who, subsequent to the Requisition, tendered their resignations as trustees of the Trust effective September 10th without
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