Fording Canadian Coal Trust: Riskmetrics Group and Glass Lewis & Co Recommend Unitholders Vote to Approve Sale to Teck Cominco
September 22 2008 - 8:20AM
Marketwired
Fording Canadian Coal Trust (TSX: FDG.UN), (NYSE: FDG) today
announced that RiskMetrics Group and Glass Lewis & Co. each
have published a report recommending that their subscribers vote
'FOR' the resolution approving the plan of arrangement between
Fording and Teck Cominco Limited that was announced on July 29,
2008. Glass Lewis and RiskMetrics are leading providers of proxy
research and voting recommendations.
"We are pleased that RiskMetrics Group and Glass Lewis & Co.
are recommending unitholders vote in favour of the transaction,"
said Michael Grandin, Chairman of Fording.
The Independent Trustees of Fording have recommended that
Fording unitholders vote in favour of the arrangement transaction
with Teck Cominco at the special meeting of unitholders, which will
be held at 9:00 a.m. Calgary time, on Tuesday, September 30, 2008.
Unitholders are urged to carefully read the information circular
sent to unitholders in connection with the transaction. Proxies
must be received not later than 12:00 p.m. Calgary time on
September 29, 2008.
About Fording
Fording Canadian Coal Trust is an open-ended mutual fund trust
and one of the largest royalty trusts in Canada. Fording holds a
60% interest in the metallurgical coal operations of the Elk Valley
Coal Partnership. Fording's units are traded on the TSX under the
symbol FDG.UN and on the NYSE under the symbol FDG.
Contacts: Fording Canadian Coal Trust Colin Petryk Director,
Investor Relations (403) 260-9823 Email: investors@fording.ca
Fording Canadian Coal Trust Najda Dupanovic Coordinator, Investor
Relations (403) 260-9892 Email: investors@fording.ca Website:
www.fording.ca Laurel Hill Advisory Group Proxy Solicitation Agent
1-866-570-5373
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