MONCTON, NB, Aug. 13 /CNW Telbec/ - PDM Royalties Income Fund (TSX: PDM.UN) ("PDM" or the "Fund") will host a conference call to discuss the amalgamation transaction between the Fund and Imvescor Inc. ("Imvescor"). The Fund will also talk about its second quarter earnings. PDM and Imvescor executives will be available to answer questions at the end of the conference call.
The conference call is scheduled to take place on Monday, August 17, 2009 at 10:00AM Eastern Time (11:00AM Atlantic Time). Executives participating in the call with include Brian Flemming, Chairman of PDM, Ron Magruder, President and Chief Executive Officer of Imvescor, and William Lane, Executive Vice President and Chief Financial Officer of Imvescor.
The news release outlining the second quarter earnings will be distributed and posted on SEDAR prior to the conference call on Monday, August 17, 2009.
Investors and financial analysts who wish to participate in the conference call should dial 514-392-3300 (Montreal) 1 866-392-3244 (Canada) or 1 800-3923-2720 (international) and enter the conference code 4572807.
About PDM Royalties Income Fund
The Fund is a limited purpose open-ended trust established under the laws of Ontario. The Fund indirectly owns the trademarks and intellectual property for the Pizza Delight(R), Mikes(R), Scores(R), and Baton Rouge(R) brands and has licensed them to Imvescor in consideration for a royalty equal to 4% of system sales for Pizza Delight(R) and Mikes(R) restaurants, and a royalty rate of 6% for Scores(R) and Baton Rouge(R) restaurants.
Imvescor is a privately owned corporation, headquartered in Moncton, New Brunswick. Pizza Delight(R) operates primarily in Atlantic Canada, where it dominates the family/mid-scale segment. Mikes(R) and Scores(R) restaurants operate primarily in Quebec in the family and casual dining segments and the take-out and delivery segments. Baton Rouge(R) operates in the Province of Quebec and Ontario in the casual dining segment.