PDM Royalties Income Fund
			Symbol			PDM.UN
			Shares Issued			7,841,588
			Close 2009-10-07			C$ 4.05
			Recent Sedar Documents

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PDM Royalties, Imvescor reveal new board

2009-10-08 09:34 ET - News Release

Mr. William Lane of Imvescor reports

PDM ROYALTIES INCOME FUND ANNOUNCES DIRECTORS WHO WILL SERVE ON THE BOARD OF IMVESCOR RESTAURANT GROUP

PDM Royalties Income Fund confirms the seven directors of its successor company, Imvescor Restaurant Group Inc. (IRG), who will form the board of directors upon the previously disclosed plan of arrangement taking effect on Oct. 10, 2009. IRG is the new publicly traded corporation that will result from the closing on Oct. 10 of the combination transaction between PDM, 7209835 Canada Inc., Imvescor Inc., Imvescor Restaurants Inc. and Imvescor's two shareholders, General Financial Corp. Ltd. (GFC) and Delighted Guests Ltd. (DGL). The fund also confirms that the shares of the newly created Imvescor Restaurant Group will be posted for trading on the Toronto Stock Exchange under the stock symbol, IRG, on or around Oct. 15, 2009.

IRG board members

Upon closing of the combination transaction, the board of IRG will consist of the following seven members, five of whom will be independent: Rino Volpe, William Dover, David Hawkins, Inouk Imbeault, Jacques F. Lemoine, James S. Peterson and Gabriel Sacratini.

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