Stock Name: AET.UN
Amount: CAD 1.05
Announcement Date: 15/11/2012
Record Date: 28/11/2012
Dividend Detail:
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE
SERVICES/
CALGARY, Nov. 15, 2012 /CNW/ - Argent Energy Trust ("Argent" or the "Trust") (TSX: AET.UN) confirms its November 2012 distribution.�� The cash distribution to be
paid on December 24, 2012, in respect of the period from and including
November 1 to November 30, 2012, for unitholders of record on November
30, 2012 will be $0.0875 per trust unit.�� The ex-distribution date is
November 28, 2012.
The annualized distribution of $1.05 per trust unit represents a
cash-on-cash yield of approximately 11.3% based on the closing price of
our trust units on the Toronto Stock Exchange on November 14, 2012 of
$9.25.1
Argent is a mutual fund trust under the Income Tax Act (Canada) (the
"Tax Act").�� Argent's objective is to create stable, consistent returns
for investors through the acquisition and development of oil and
natural gas reserves and production with low risk exploration
potential, located primarily in the United States.�� Material
information pertaining to Argent Energy Trust may be found on www.sedar.com or www.argentenergytrust.com.
1����������Unlike fixed income securities, Argent has no obligation to
distribute any fixed amount and reductions in, or suspension of, cash
distributions may occur that would reduce future yield.
SOURCE: Argent Energy Trust
For further information:
Brian Prokop
Chief Executive Officer
Argent Energy Trust
(403) 770-4807
Sean Bovingdon��
Chief Financial Officer��
Argent Energy Trust��
(403) 770-4803
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