Noranda Income Fund
| Change | +0.04 | +0.77% |
| Volume | 22,120 | |
| 52 week | Low | Hi |
| $4.10 | $5.84 | |
| Financial Information | |
| Outstanding Units | 37,497,975 |
| (As per the latest financial statements) | |
| Fully Diluted Units | 49,997,975 |
| (As per the latest financial statements) | |
| Est. Market Float: | - |
| Market Cap.: | $196,864,369 |
| Last declared Distribution | $0.04167 |
| (Monthly) | |
| EPU last 3 months : | - |
| EPU Trailing 12 months: | - |
| Debt: | $105,920,000 |
| Financial Year-End: | Dec 31 |
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Renmark Financial Disclaimer
This document is published for general information only and it should not be interpreted as an investment recommendation nor an offer or a solicitation to buy or sell securities issued by the said company. Renmark does not and will not accept any responsibility or liability for investment decisions made on the basis of the information herein contained.
Noranda Income Fund ("Fund") is an income trust whose units trade on the TSX under the symbol "NIF.UN". The Fund owns the CEZinc processing facility ("the Processing Facility") located in Salaberry-de-Valleyfield, Québec. CEZinc is the second-largest zinc processing facility in North America and the largest zinc processing facility on the Eastern Seaboard, where the majority of its customers are located. Zinc concentrate is supplied to the Processing Facility by Xstrata Canada Corporation ("Xstrata Canada") under an agreement that will last until 2017. The Fund is paid a processing fee for refining the zinc, and it earns additional revenue through zinc metal premiums, byproduct credits and metal recovery gains. The Fund’s primary objective is to provide stable, monthly distributions.
Eva Carissimi - President and Chief Executive Officer
Michael Boone - Vice-President and Chief Financial Officer
Reid Bowlby - Vice-President Marketing
Manuel Álvarez Dávila - Trustee
Jean Pierre (J.P.) Ouellet - Trustee
François R. Roy - Trustee
John J. Swidler - Trustee
Barry Tissenbaum - Trustee
John Whyte - Trustee
Neil Wardle - Trustee
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Headquarters:
100 King Street WestP.O. Box 403, First Canadian Place
Suite 6900
Toronto, Ontario
M5X 1E3 Canada
