Vancouver, BC - The Keg Royalties Income Fund (TSX:KEG.UN) (the "Fund") and Keg Restaurants Ltd. ("KRL") announced today that Mr. David Aisenstat, President & CEO and sole shareholder of KRL, has returned from an injury-related leave of absence which began on June 10, 2011. Mr. Aisenstat has resumed his position and duties at The Keg.
Mr. Aisenstat expressed his great appreciation to Mr. Rob Macdonald and Mr. Daniel Gormley for their fine assistance in managing Mr. Aisenstat's personal and business affairs as powers of attorney during his seven-week leave. "It is good to be back at work and feeling so well," said Mr. Aisenstat, "and it is excellent to see that things have been run so smoothly during my absence."
Kip Woodward, Chairman of the Fund said, "We are thankful for Mr. Aisenstat's speedy recovery and are pleased that he has resumed his role as President and CEO of The Keg."
This press release may contain certain "forward looking" statements reflecting The Keg Royalties Income Fund's current expectations in the casual dining segment of the restaurant food industry. Investors are cautioned that all forward looking statements involve risks and uncertainties, including those relating to the Keg's ability to continue to realize historical same store sales growth, changes in market and existing competition, new competitive developments, and potential downturns in economic conditions generally. Additional information on these and other potential factors that could affect the Fund's financial results are detailed in documents filed from time to time with the provincial securities commissions in Canada.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, which may be made only by means of the prospectus, nor shall there be any sale of the Fund units in any state, province or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any state, province or jurisdiction. The Keg Royalties Income Fund units have not been, and will not be registered under the U.S. Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an application for exemption from the registration requirement under U.S. securities laws.
The Trustees of the Fund have approved the contents of this press release.
The Keg Royalties Income Fund
Investor Relations Manager