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Arctic Glacier Income Fund (CSE:AG.UN) reports on cease trade order

Finance
CSE:AG.UN
01 October 2021 13:00 (EDT)

Arctic Glacier Income Funds (AG.UN) is providing a status report in accordance with a cease trade order.

In Aug. 2012, Arctic Glacier fund announced it wouldn’t be able to file a financial report and took certification of disclosure.

There have been no material changes made to the information in the press release from that year.

The trustees of the fund seek to wind up and dissolve the fund when certain conditions are met, such as final distribution of the cash assets and termination of its proceedings. There is no guarantee that these conditions will be met.

Arctic Glacier Fund will continue to file bi-weekly status reports containing the information required of the cease trade order.

Arctic Glacier Income Fund trust units are listed on the CSE. There are 350.3 million trust units outstanding.

The trust is up 100 per cent, trading at C$0.01 per share at 12:04 p.m. ET

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