VANCOUVER, July 10 /PRNewswire-FirstCall/ -- WesternOne Equity Income Fund ("WesternOne Equity") (TSX: WEQ.UN and WEQ.DB) today announced that the board of trustees has granted options to senior executives, directors and trustees to purchase, in aggregate, up to 463,000 units of WesternOne Equity. Each option provides the holder with the right for up to ten years to purchase one unit at an exercise price of $4.90. Vesting occurs equally over the next five years.
About WesternOne Equity -----------------------
WesternOne Equity seeks to acquire predominantly equipment and infrastructure related businesses located primarily in the Western Canadian provinces of British Columbia, Alberta and Saskatchewan, in order to generate stable and growing distributions to its unitholders as well as to achieve overall capital appreciation.
Additional information about WesternOne Equity is available at http://www.weq.ca/ or http://www.sedar.com/
THE TSX EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS RELEASE.
CONTACT: Andrew Greig, Manager of Investor Relations, WesternOne Equity Income Fund, Suite 910, 925 West Georgia Street, Vancouver, BC, V6C 3L2, Phone: (604) 678-4042, E-mail:
