2007-02-15

Business Brief

Spectator Wire Services
(Feb 15, 2007)
FOOD & BEVERAGE

Lakeport serves up excess cash for investors

Hamilton's Lakeport offered its investors a Valentine's Day present yesterday by increasing its planned special cash distribution by four cents to 39 cents per unit.

Lakeport Brewing Income Fund said the increase would be paid because a preliminary review of the beer maker's financial statements for last year concluded the company has excess distributable cash.

The special distribution will be paid on March 15 to unitholders of record on Dec. 29, 2006.

Used with permission from The Hamilton Spectator, www.thespec.com Copyright The Hamilton Spectator. All rights reserved.