RE: Reply from Email from AG.UN In case people had trouble reading the entire post due to the ads on the side, I re-typed it. If you would like to read it for yourself (if you sont believe me, which is understandable), the reply the original post and you can see it above your reply window. Any spelling mistakes are probably mine from re-typing.
Thank you for your email outlining your questions. Arctic Glacier Income Fund expects to release earnings for the fourth quarter sometime between March 20 and 29 of 2012. The exact date will be confirmed in early March. The fund's unit price has remained relatively flat since moving to the CNSX exchange on January 9, 2012, which is not surprising as there have not been any material developments during this time. The fund has continued to keep investors informed on all material developments including through timely release of news released and quarterly financial disclosure. The fund's Investors Relations' staff are kept current on all material developments so that they can communicate this information to investors that contact the fund. As disclosed in previous news releases, the Fund's board and management have been very active in seeking a solution to the problem with the fund's capital structure and are continuing active discussions with its lenders regarding a solution to resolve the current loan defaults through a sale or refinancing. In fact, on December 15, 2011 the Fund disclosed that the second lien lenders had acquired the first lien lender loan position in an effort to streamline these discussions. Management has not dilly dally on these issues and, in fact, continues to drive all parties forward in these discussions. It should be pointed that the Fund does not control the pace of these discussions and that investors will continue to be updated on all material developments as soon as they occur. With respect to a market maker, the CNSX has advised the Fund that no dealer has stepped up to become a market maker on AG units to date although our listing is still new. Once again, thank you for your questions and comments. Sincerely, Arctic Glacier Investor Relations.