Press Release Details

Crius Energy Trust Announces Date and Filing of Circular for the 2017 Annual General Meeting

April 17, 2017

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

TORONTO, April 17, 2017 /CNW/ - Crius Energy Trust ("Crius" or the "Trust") (TSX: KWH.UN) announced today that it has filed a management information circular (the "Circular") and related proxy materials in advance of its annual meeting (the "Meeting") of the holders ("Unitholders") of units of the Trust ("Units") to be held on May 12, 2017.

An electronic copy of the Circular is available on SEDAR under the Trust's issuer profile at www.sedar.com or the Trust's website at www.criusenergytrust.ca.

The Meeting will be held for the following purposes:

  • to receive and consider the audited consolidated financial statements of the Trust for the year ended December 31, 2016, together with the report of the auditors;
  • to appoint the independent auditors of the Trust;
  • to elect the directors of Crius Energy Administrator Inc.;
  • to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.

The Meeting is scheduled to be held at 10:00 a.m. (Toronto time) on May 12, 2017 at the offices of Bennett Jones LLP at Suite 3400, One First Canadian Place, Toronto, Ontario, Canada, M5X 1A4. The record date for the purpose of determining Unitholders entitled to receive notice of and to attend and vote at the Meeting was April 7, 2017.

About Crius Energy Trust

Crius Energy Trust was established to provide investors with a distribution-producing investment through its ownership interest in Crius Energy, LLC (the "Company"). With approximately a million residential customer equivalents, the Company is a comprehensive energy solutions partner that provides electricity, natural gas and solar products to residential and commercial customers. The Company connects with energy customers through an innovative family-of-brands strategy and multi-channel marketing approach. This unique combination creates multiple access points to a broad suite of energy products and services that make it easier for consumers to make informed decisions about their energy needs. The Company currently sells energy products in 18 states and the District of Columbia with plans to continue expanding its geographic reach.

The Trust intends to continue to qualify as a "mutual fund trust" under the Income Tax Act (Canada) (the "Tax Act"). The Trust will not be a "SIFT trust" (as defined in the Tax Act), provided that the Trust complies at all times with its investment restriction which preclude the Trust from holding any "non-portfolio property" (as defined in the Tax Act). Material information pertaining to the Crius may be found on SEDAR under the Trust's issuer profile at www.sedar.com or on the Trust's website at www.criusenergytrust.ca.

SOURCE Crius Energy Trust

Michael Fallquist, Chief Executive Officer, mfallquist@criusenergy.com, (203) 663-7545; Roop Bhullar, Chief Financial Officer, rbhullar@criusenergy.com, (203) 883-9900; Kelly Castledine, Investor Relations, kcastledine@criusenergy.com, (416) 644-1753