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Press Releases

 
  • Thursday, December 20, 2007 GENIVAR Income Fund announces December distribution
    MONTREAL, Dec. 20 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from December 1 to December 31, 2007, will be paid on January 15, 2008 to unitholders of record at the close of business on December 31, 2007. GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such as ...
  • Wednesday, November 21, 2007 GENIVAR Income Fund Announces November Distribution and a Special One-time Distribution
    MONTREAL, Nov. 21 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from November 1 to November 30, 2007, will be paid on December 17, 2007 to unitholders of record at the close of business on November 30, 2007.The Fund also announced today that a quarterly cash distribution of $0.25 per Subordinated LP Unit covering the period from July 1st, 2007 to September 30, 2007 was paid to holders of Subordinated LP Units of record at the close of business on September 30, 2007.Furthermore, the Fund is pleased ...
  • Thursday, November 15, 2007 GENIVAR Income Fund increases its presence in Ontario by way of the Timmins acquisition
    MONTREAL, Nov. 15 - The GENIVAR Income Fund (GENIVAR) is pleased to announce the acquisition of B.H. Martin Consultants Ltd. (BHMC), a multidisciplinary engineering and architectural consulting firm based in Timmins, Ontario. "We are very happy to welcome BHMC into GENIVAR. The firm is active in building engineering, municipal infrastructure, environment and serves the mining industry," said Pierre Shoiry, President and Chief Executive Officer of GENIVAR. "This acquisition enables us to establish our growth platform in Northern Ontario and to develop our services in all of our market segments. Northern Ontario is a flourishing, dynamic region, rich in opportunities in all ...
  • Monday, November 12, 2007 Genivar Income Fund Announces Third Quarter 2007 Results
    MONTREAL, Nov. 12 - GENIVAR Income Fund (the "Fund") announced today its financial and operating results (unaudited) for the period from July 1st, to September 30, 2007. This is the sixth reporting period of the Fund since it began its business operations on May 25th, 2006 and the first reporting period where complete comparative information for the previous year is available.Highlights Revenues for the third quarter of 2007 were up 61.1% to $68.5 million compared to $42.5 million for the same period in 2006. Year-to-date ...
  • Monday, October 22, 2007 GENIVAR Income Fund announces October distribution
    MONTREAL, Oct. 22 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from October 1 to October 31, 2007, will be paid on November 15, 2007 to unitholders of record at the close of business on October 31, 2007.GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such as building, ...
  • Wednesday, September 26, 2007 The GENIVAR Income Fund Acquires Two Quebec City-based Engineering Consulting Firms
    QUEBEC CITY, Sept. 26 - The GENIVAR Income Fund ("GENIVAR") is pleased to announce the acquisition of two Quebec City-based firms:- André Simard et associés ltée ("ASA"), specializing in landfill site design, environment and municipal infrastructure. TERRA experts conseils inc. ("TERRA"), specializing in municipal infrastructure.GENIVAR has a staff of more than 2,100 employees in Canada and overseas, including nearly 450 employees in the Quebec City region. "Joining forces with ASA and TERRA will enable us to consolidate our expertise in municipal ...
  • Wednesday, September 19, 2007 GENIVAR Income Fund announces September distribution
    MONTREAL, Sept. 19 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from September 1 to September 30, 2007, will be paid on October 15, 2007 to unitholders of record at the close of business on September 30, 2007. GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such ...
  • Thursday, September 13, 2007 GENIVAR Income Fund announces closing of $50,000,000 equity financing
    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./MONTREAL, Sept. 13 - GENIVAR Income Fund (TSX:GNV.UN) ("GENIVAR" or the "Fund") announced today the closing of its previously announced public offering of 1,902,439 trust units (the "Units") for gross proceeds of $39,000,000 (the "Offering") and the private placement of 536,585 non-subordinated exchangeable LP units (the "LP Units") from treasury of GENIVAR Limited Partnership ("GENIVAR LP") for gross proceeds of $11,000,000 (the "Private Placement").The Offering and the Private Placement will result in net proceed to the Fund of approximately $47,550,000 which will be used to repay the bank ...
  • Wednesday, August 29, 2007 GENIVAR Income Fund files its preliminary short form prospectus relating to a $50 million equity financing
    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./MONTREAL, Aug. 29 - GENIVAR Income Fund (TSX:GNV.UN) ("GENIVAR" or the "Fund") today announced that it has filed its preliminary short form prospectus relating to the offering of 1,902,439 trust units (the "Units") from treasury of the Fund on a bought deal basis with a syndicate of underwriters led by National Bank Financial Inc., Raymond James Ltd. and TD Securities Inc. and also including BMO Nesbitt Burns Inc. and Cormark Securities Inc. The Units are being offered at a price of $20.50 per Unit. The gross proceeds of ...
  • Friday, August 24, 2007 GENIVAR Income Fund announces $54 million equity financing
    /Not for distribution to U.S. news wire services or dissemination in the U.S./ MONTREAL, Aug. 23 - GENIVAR Income Fund (TSX:GNV.UN) ("GENIVAR" or the "Fund") today announced that it has agreed to issue 1,902,439 trust units (the "Units") from treasury of the Fund on a bought deal basis to a syndicate of underwriters led by National Bank Financial Inc., Raymond James Ltd. and TD Securities Inc. and also including a syndicate of underwriters. The Units will be offered at a price of $20.50 per Unit. The gross proceeds of the offering to the Fund will ...
  • Wednesday, August 22, 2007 GENIVAR Income Fund announces August distribution
    MONTREAL, Aug. 22 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from August 1 to August 31, 2007, will be paid on September 17, 2007 to unitholders of record at the close of business on August 31, 2007.GENIVAR Income Fund also announced today that a quarterly cash distribution of $0.25 per Subordinated LP Unit covering the period from April 1st, 2007 to June 30, 2007 was paid to holders of subordinated LP Units of record at the close of business on June 30, 2007.GENIVAR is a leading ...
  • Saturday, August 11, 2007 GENIVAR Income Fund concludes the second quarter with strong financial performance
    MONTREAL, Aug. 10 - GENIVAR Income Fund ("The Fund") announced, today, its interim consolidated financial and operating results (unaudited) for the period from April 1 to June 30, 2007. This is the fifth reporting period of the Fund since it commenced business operations on May 25, 2006 and the fourth complete consecutive quarters for the period from July 2, 2006 to June 30, 2007. However, for this quarter, the comparative information provided in the Fund's interim consolidated statements is for the 37-day period from May 25 to July 1st, 2006. In order to provide investors with a meaningful assessment of its performance, we ...
  • Wednesday, August 8, 2007 GENIVAR Income Fund Acquires Harmer Podolak Engineering Consultants Inc.
    MONTREAL, Aug. 8 - The GENIVAR Income Fund (GENIVAR) is pleased to announce the acquisition of Harmer Podolak Engineering Consultants Inc., ("Harmer Podolak"), an Ontario-based firm specializing in bridge engineering and civil infrastructure. GENIVAR has over 2,000 employees in Canada and abroad, with more than 400 in Ontario. "GENIVAR's acquisition of Harmer Podolak complements our Ontario transportation team and positions GENIVAR as a key player in this sector. We offer the full range of services from transportation planning to design and project construction in roads, highways, mass transit, bridges and other civil infrastructure. We are building on these assets to pursue ...
  • Friday, July 20, 2007 Genivar Income Fund announces July distribution
    MONTREAL, July 20 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from July 1 to July 31, 2007, will be paid on August 15, 2007 to unitholders of record at the close of business on July 31, 2007.GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such as building, ...
  • Thursday, July 12, 2007 GENIVAR Income Fund acquires SEG Engineering of Winnipeg and Positions itself as one of Manitoba's Leaders in Municipal Infrastructure
    MONTREAL, July 12 - GENIVAR Income Fund (GENIVAR) is pleased to announce the acquisition of SEG Engineering Inc. (SEG), a Winnipeg firm specializing in municipal infrastructure. GENIVAR's workforce numbers more than 2,000 in Canada and abroad. "Having SEG among GENIVAR's ranks strengthens our presence in Manitoba and positions our firm as a key player in municipal infrastructure, which will remain very active in the years to come," said Pierre Shoiry, President and CEO of GENIVAR. "SEG offers us strong complementarity in terms of its clientele, which includes the City of Winnipeg, numerous land developers and First Nation Communities. GENIVAR ...
  • Wednesday, July 11, 2007 GENIVAR Income Fund acquires Ontario transportation firm NCE Ltd.
    MONTREAL, July 11 - The GENIVAR Income Fund (GENIVAR) is pleased to announce the acquisition of National Capital Engineering Limited, ("NCE Ltd."), an Ontario-based firm specialising in transportation planning and design engineering services. GENIVAR has over 2,000 employees in Canada and abroad, with more than 400 in Ontario."GENIVAR's acquisition of NCE Ltd. becomes our platform to expand into the transportation market in Ontario. This firm is known for the excellence of its services and has a solid client base. We are building on these assets to pursue our development in transportation, through both organic growth and acquisitions," said Pierre Shoiry, ...
  • Wednesday, June 20, 2007 GENIVAR Income Fund announces June distribution
    MONTREAL, June 20 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from June 1 to June 30, 2007, will be paid on July 16, 2007 to unitholders of record at the close of business on June 30, 2007. GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such ...
  • Tuesday, May 22, 2007 GENIVAR Income Fund announces May distribution
    MONTREAL, May 22 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from May 1 to May 31, 2007, will be paid on June 15, 2007 to unitholders of record at the close of business on May 31, 2007. GENIVAR Income Fund also announced today that a quarterly cash distribution of $0.25 per Subordinated LP Unit covering the period from January 1 to March 31, 2006, was paid on May 15, 2007 to holders of subordinated LP Units of record at the close of business on March 31, ...
  • Wednesday, May 9, 2007 GENIVAR Income Fund Reports on First Quarter 2007 Results - A Strong Start for 2007
    MONTREAL, May 9 - GENIVAR Income Fund (the Fund) announced, today, its financial and operating results (unaudited) for the period from January 1 to March 31, 2007. This is the fourth reporting period of the Fund since it commenced business operations on May 25, 2006 and, consequently, no comparative information is provided in the Fund's interim consolidated financial statements. However, in order to provide investors with a meaningful assessment of its performance, we have included selected financial information of the Fund and its predecessor company, GENIVAR Inc. (Engineering consulting services company), for the three months ended March 31, 2006.Highlights ...
  • Wednesday, May 2, 2007 GENIVAR Income Fund Acquires Nove Environment Inc.
    MONTREAL, May 2 - The GENIVAR Income Fund ("GENIVAR") announced today that it has acquired Nove Environment Inc. ("Nove"), an environmental consulting and land use planning firm. Based in Trois Rivières, Nove was founded in 1986 and has more than 30 employees. GENIVAR has over 1,800 employees in Canada and abroad."We are very pleased that Nove has joined forces with the GENIVAR team," said Pierre Shoiry, GENIVAR's President and Chief Executive Officer. "Environment is a very important market segment for GENIVAR, which has a team of 200 experts in the field. This transaction strengthens our position in the Canadian environmental ...
  • Thursday, April 19, 2007 GENIVAR Income Fund announces April distribution
    MONTREAL, April 19 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from April 1 to April 30, 2007, will be paid on May 15, 2007 to unitholders of record at the close of business on April 30, 2007. GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market ...
  • Wednesday, March 21, 2007 GENIVAR Income Fund announces March distribution
    MONTREAL, March 21 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from March 1 to March 31, 2007, will be paid on April 16, 2007 to unitholders of record at the close of business on March 31, 2007.GENIVAR is a leading Canadian engineering services firm providing private and public sector clients with a full range of professional consulting services through all execution phases of a project including planning, design, construction and maintenance. Its clients, which are of varying sizes, fall into various market segments such as building, ...
  • Tuesday, March 13, 2007 GENIVAR Income Fund announces strong fourth quarter to close its first year-end results
    MONTREAL, March 13 - GENIVAR Income Fund (the "Fund") announced sustained growth in revenues and EBITDA for its fourth quarter and for the period from May 25, 2006 to December 31, 2006. This is the third reporting period for the Fund since it commenced business operations on May 25, 2006. In order to provide investors with a meaningful assessment of its performance, we have included selected financial information of the Fund, for the 12 months ended December 31, 2006 and its predecessor company GENIVAR inc. (the Engineering services business) for the twelve months ended December 31, 2005.Highlights ...
  • Friday, February 23, 2007 GENIVAR Income Fund completes the acquisition of GLD Experts-Conseils Inc. and establishes a presence in the Beauce region
    QUEBEC CITY, Feb. 23 - The GENIVAR Income Fund ("GENIVAR") is pleased to announce that it has acquired GLD Experts-Conseils Inc. ("GLD"), an engineering consulting firm with 50 employees and offices in Saint Georges and Sainte Marie (Beauce Region), Levis and Lake Megantic (Eastern Townships). Founded in the late 1980s, GLD is active in the urban infrastructure, transportation, building and environmental sectors. "We are very excited about this new acquisition," said Pierre Shoiry, GENIVAR's President and Chief Executive Officer. "We are actively implementing our business strategy and pursuing growth nationwide. GENIVAR now has approximately 1,800 employees in Canada and abroad." ...
  • Monday, February 19, 2007 GENIVAR Income Fund Announces February Distribution
    /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./MONTREAL, Feb. 19 - GENIVAR Income Fund (TSX: GNV.UN) announced today that its monthly cash distribution of $0.0833 per Fund unit covering the period from February 1 to February 28, 2007, will be paid on March 15, 2007 to unitholders of record at the close of business on February 28, 2007.GENIVAR Income Fund also announced today that a quarterly cash distribution of $0.25 per Subordinated LP Unit covering the period from October 1 to December 31, 2006, which was paid on February 15, 2007 to holders of ...
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