CALGARY, June 6 /PRNewswire-FirstCall/ -- Focus Energy Trust/FET Resources Ltd. ("Focus") (FET.UN - TSX and FTX - TSX ) is pleased to announce that the Joint Information Circular and Proxy Statement (the "Circular") with respect to the previously announced business combination with Profico Energy Management Ltd. has been mailed to unitholders of record on May 26, 2006. The Circular contains the detailed Plan of Arrangement and is available on SEDAR (http://www.sedar.com/) as well as on the Focus website (http://www.focusenergytrust.com/). The special meeting of Focus unitholders to vote on the Plan of Arrangement will be held on June 26, 2006 in the Conference Centre, Lower Level, First Canadian Centre, 350 - 7th Avenue S.W., Calgary, Alberta at 10:00 a.m. (Calgary time).
Focus Energy Trust is a natural gas weighted energy trust. Focus is committed to maintaining its emphasis on operating high-quality oil and gas properties, delivering consistent distributions to unitholders, and ensuring financial strength and sustainability.
Forward-Looking Statements - Certain information set forth in this document, including management's assessment of Focus' future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Focus' control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Focus' actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits Focus will derive therefrom. Focus disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.