An anonymous director of West Face reports
UNITHOLDER MEETING TO BE REQUISITIONED FOR NORANDA INCOME FUND
Noranda Income Fund's investors, West Face Capital Inc., Clearwater Capital
Management Inc. and certain others, which hold or control over 10 per cent total of the outstanding
priority units issued by Noranda, have undertaken
arrangements to request a unitholder meeting, for the purposes of
replacing the independent trustees of Noranda Operating Trust.
Notice
of the requisition was delivered to the independent committee of
trustees on Aug. 26, 2010.
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