Vermilion Energy Trust Issues Cash Distribution
Vermilion Energy Trust announced the cash distribution of $0.19 per trust unit payable on July 15, 2009 to all unitholders of record on June 30, 2009. The ex-distribution date for this payment is June 26, 2009. Vermilion has paid cumulative distributions per unit totaling $13.28 since inception as a Trust in January 2003.
Exchangeable Share Ratio Information
Upon conversion to a Trust in January 2003, some holders of shares in the predecessor company, Vermilion Resources Ltd., opted to hold exchangeable shares in place of Vermilion Energy Trust units. The following information applies only to those exchangeable shareholders and does not affect Vermilion Energy Trust unitholders.
The increase to the Exchange Ratio of the Exchangeable Shares of Vermilion Resources Ltd. will be from 1.72301 to 1.73300.
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