Noranda Income Fund Receives Unitholder Meeting Requisition

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Nov 25, 2022

TORONTO, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN, Financial) (the “Fund”) today announced that it received a meeting requisition notice (the “Requisition”) dated November 24, 2022 on behalf of the beneficial holders of, in aggregate, greater than 20% of the outstanding Class A Priority Units of the Fund. The Requisition requests that Computershare Trust Company of Canada, as sole trustee of the Fund, call a special meeting of the unitholders of the Fund for the purposes of (a) removing from office the four independent trustees of Noranda Operating Trust (the “Trust”), and (b) if removed, filling the vacancies created by their removal by electing four trustees nominated by the requisitioning unitholders.