TORONTO, ONTARIO--(Marketwire - Oct. 22, 2012) - HLD Land Development Limited Partnership (CNSX:HLD.UN) has announced that the General Partner has declared a distribution in kind (the "Share Distribution") of 1,041,667 shares in Fortify Resources Inc. on or after October 30, 2012 to Unit holders of record as of October 26, 2012. This will approximate 0.151162 shares of the Company for every Partnership Unit outstanding. The value of the Share Distribution amounts to $0.026 per Partnership unit. The ex-distribution date, the date as of which a purchaser of units in the Partnership is no longer entitled to receive the distribution, is October 24, 2012.
HLD.UN will begin trading ex-distribution on Wednesday, October 24, 2012.
|Ex-distribution Date: Wednesday, October 24, 2012
|Record Date: Friday, October 26, 2012