VANCOUVER, October 12 /CNW/ - The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its October 2005 distribution of $0.0918 cents per unit has been declared and is payable to unitholders of record as at October 21, 2005. The October 2005 distribution will be paid on October 31, 2005.
The Fund is a limited purpose, open-ended trust established under the laws of Ontario. The Fund indirectly owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”) in its Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty pool.
For further information please contact:
Karyn Byrne, Investor Relations Manager