Sunset Financial Resources Sets August 21, 2006 as Record Date for Special Meeting of Stockholders
14 Agosto 2006 - 11:15PM
PR Newswire (US)
JACKSONVILLE, Fla., Aug. 14 /PRNewswire-FirstCall/ -- Sunset
Financial Resources, Inc. (NYSE:SFO), a specialty finance REIT,
announced today that it has set Monday, August 21, 2006 as the
record date for the special meeting of its stockholders to consider
the previously announced merger with Alesco Financial Trust and
related matters. Only stockholders of record at the close of
business on the record date will be entitled to vote at the special
meeting. Sunset presently anticipates holding the special meeting
in the beginning of October and will issue a press release once it
has scheduled the meeting. About Sunset Financial Resources, Inc.
Sunset is a specialty finance REIT headquartered in Jacksonville,
Florida and trades on the New York Stock Exchange under the symbol
"SFO". Certain statements in this news release may constitute
"forward-looking statements" within the meaning of the federal
securities laws and involve risks, uncertainties and other factors,
which may cause the actual performance of Sunset Financial
Resources, Inc. to be materially different from the performance
expressed or implied by such statements. These risks include the
failure of the Company to successfully execute its business plan,
gain access to additional financing, the availability of additional
loan portfolios for future acquisition, continued qualification as
a REIT, the cost of capital, as well as the additional risks and
uncertainties detailed in the Company's periodic reports and
registration statements filed with the Securities and Exchange
Commission. Sunset has filed a preliminary proxy
statement/prospectus with the Securities and Exchange Commission
and will file a final proxy statement/prospectus and a tender offer
statement on Schedule TO with the SEC. Investors are urged to read
the proxy statement/prospectus, the tender offer statement
(including an offer to purchase and related documents) when they
becomes available because they will contain important information.
These materials will be available free of charge at the SEC's
website, http://www.sec.gov/, or by directing a request to .
Sunset, its directors, and its executive officers may be considered
participants in the solicitation of proxies in connection with the
proposed transactions. Information about the directors and
executive officers of Sunset and their ownership of Sunset stock is
set forth in the 2005 Annual Report on Form 10K. Investors may
obtain additional information regarding the interests of such
participants by reading the proxy statement/prospectus for the
proposed merger when it becomes available. Contact: Stacy M. Riffe
Chief Executive Officer (904) 425-4365 Jeffrey Goldberger / Garth
Russell KCSA Worldwide (212) 896-1249 / (212) 896-1250 /
DATASOURCE: Sunset Financial Resources, Inc. CONTACT: Stacy M.
Riffe, Chief Executive Officer, +1-904-425-4365, ; or Jeffrey
Goldberger, +1-212-896-1249, , or Garth Russell, +1-212-896-1250, ,
both of KCSA Worldwide
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