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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income taxes. The Fund invests at least 80% of its Managed Assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund’s investment policies provide that the Fund invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes (except that the interest may be includable in taxable income for purposes of the federal alternative minimum tax). Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

Post by cetaitpasprevuon Dec 12, 2017 7:03pm
213 Views
Post# 27142618

Talks with gvt are progressing

Talks with gvt are progressingThe expansion is expected to be completed by December, 2018 and is slated to cost an estimated $80 million. St. Louis added that while a supply deal with the province is not yet complete, talks are “progressing.”

“The supply deal isn’t closed at the moment. We are in talks, however, with the government and also with the crown corporation that will be in charge of distribution,” St. Louis said. “Those talks are progressing very well and our commitment is to help the government achieve its goals of public safety and responsible supply of quality marijuana.”

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