Advantage Energy Income Fund and Sound Energy Trust announce mailing of Sound's Information Circular
CALGARY, Aug. 13 /CNW/ - Advantage Energy Income Fund (TSX: AVN.UN, NYSE: AAV) ("Advantage") and Sound Energy Trust (TSX: SND.UN) ("Sound") are pleased to announce that the information circular and proxy statement (the "Information Circular") with respect to the previously announced transaction between Advantage and Sound (the "Arrangement") has been mailed to Sound's Unitholders. The Information Circular contains a detailed description of the Arrangement and is available on SEDAR (www.sedar.com) as well as on each of Advantage's and Sound's Web sites (www.advantageincome.com and www.soundenergytrust.com). The Special Meeting of Sound Unitholders to vote on the transaction will be held on September 5, 2007 at 9:00 a.m. in the Grand Lecture Theatre of the Metropolitan Centre, 333 - 4th Avenue SW, Calgary, Alberta. The Arrangement will provide for the integration of Sound into a larger combined entity that will continue to operate under the Advantage name and will be led by Advantage's existing management team. Sound Unitholders will receive, at their election, either a) 0.30 of an Advantage unit for each Sound unit; or b) $0.66 in cash and of an 0.2557 Advantage unit for each Sound unit. The business combination is subject to, among other things, receipt of approval of a minimum of 66 2/3 percent of Sound's Unitholders and the receipt of approval of the Court of Queen's Bench of Alberta as well as the receipt of all other required regulatory approvals. The Arrangement is expected to be completed on or about September 5, 2007. All Sound Unitholders are encouraged to vote in person or by proxy at the Special Meeting. For assistance in the voting process, Unitholders are invited to call Computershare Investor Services at 1.800.564.6253 or any of the contact numbers set out below. %SEDAR: 00020262E
For further information:
For further information: Advantage Energy Income Fund, Investor Relations, Toll free: 1-866-393-0393, 3100, 150 - 6th Avenue SW, Calgary, Alberta, T2P 3Y7, Phone: (403) 261-8810, Fax: (403) 262-0723, Web site: www.advantageincome.com, Email: advantage@advantageincome.com; Sound Energy Trust, Anne-Marie Buchmuller, Manager, Investor Relations, Phone: (403) 218-366, Toll-free: 1-888-414-4144, Cell : (403) 472-0053, Email: investorrelations@soundenergytrust.com, Web site: www.soundenergytrust.com