Canadian Rental Service

CERF announces results for Q3 2009

   

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Nov. 30, 2009, Calgary, Alta. – The Canadian Equipment Rental Fund Limited Partnership ("CERF" or the "Partnership"), has announced the results for the three and nine months periods which ended September 30, 2009.

Nov. 30, 2009, Calgary, Alta. – The Canadian Equipment Rental Fund Limited Partnership ("CERF" or the "Partnership"), has announced the results for the three and nine months periods which ended September 30, 2009.

Full details of the Partnership's results, in the form of the unaudited financial statements for the three and nine months ended September 30, 2009 and Management's Discussion and Analysis of the results dated November 26, 2009 are available on SEDAR at www.sedar.com.

Highlights of the nine month period ended September 30, 2009 were:
    –  Revenue for the nine months was $9,609,466.

    –  Net income per unit of $0.08 basic.

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    –  Distributions of $0.12 per unit were declared for the quarter.

CERF is an Alberta limited partnership engaged in the rental, sale and service of industrial and construction equipment. CERF trades on the TSX Venture Exchange under the symbol "CFL.UN" and currently has 6,088,900 units issued and outstanding.


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