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CanWel Building Materials Income Fund Announces Bid.

Publication: M2 Presswire
Publication Date: 08-JUN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-8 June 2007-FINANCIALS: CanWel Building Materials Income Fund Announces Bid(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:08062007

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CanWel Building Materials Income Fund's announced Thursday June 7, 2007 that The Toronto Stock Exchange has accepted today CanWel's notice of intention to proceed with a normal course issuer bid through the facilities of The Toronto Stock Exchange.

CanWel intends to purchase for cancellation up to 1,754,612 of its trust units by way of a normal course issuer bid through the facilities of The Toronto Stock Exchange. The 1,754,612 trust units represent approximately 10% of the public float. As of June 4, 2007, there were 25,784,770 issued and outstanding...



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