EIT.UN Canoe EIT Income Fund

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA 


EnerVest Diversified Income Trust ("EnerVest" or the "Fund") (TSX:EIT.UN)
announced today that it has renewed its normal course issuer bid ("NCIB") with
the Toronto Stock Exchange ("TSX"). The TSX has accepted EnerVest's Notice of
Intention to have a NCIB in place. 


As of September 20, 2013 EnerVest had 82,841,628 issued and outstanding units
and had a public float of 82,390,953 units. Under the NCIB, in the next twelve
months, EnerVest may purchase up to 8,239,095 of its issued and outstanding
units on the open market through the facilities of the TSX, representing 10%
percent of the public float. EnerVest may not purchase more than 2% of the
issued and outstanding units during any 30 day period, which as at September 20,
2013 represents 1,656,833 units. The price which EnerVest will pay for any units
purchased will be the prevailing market price of such units on the TSX at the
time of purchase. Decisions regarding purchases of units pursuant to the NCIB
will be made by EnerVest. All units purchased by EnerVest pursuant to the NCIB
will be held for resale and not cancelled.


The NCIB will commence on October 1, 2013, and will terminate on September 30,
2014 or at such earlier time as the NCIB is completed or terminated at the
option of EnerVest. Under the previous NCIB which commenced on October 1, 2012
and will expire on September 30, 2013, EnerVest purchased 50,000 units at an
average cost of $11.31 per unit.


EnerVest believes that from time to time the purchase of EnerVest units will
increase the proportionate interest of, and be advantageous to, all remaining
unitholders. Any purchases made by EnerVest may also afford increased liquidity
to those unitholders of EnerVest who may wish to dispose of their units during
this time.


About the Fund

The Fund is one of Canada's largest, diversified closed-end investment funds and
is listed on the TSX under the symbol EIT.UN. The Fund is actively managed and
invests in a diversified portfolio of income- generating and capital
growth-oriented securities listed primarily on the TSX. The Fund is designed to
maximize distributions relative to risk and maximize net asset value for the
benefit of its unitholders. The Fund is managed by Robert Taylor, Senior Vice
President and Portfolio Manager, Canoe Financial. Mr. Taylor is an award-winning
portfolio manager and was directly responsible for managing more than $4 billion
in assets in his previous position as Vice President and Portfolio Manager,
Canadian Equities at BMO Global Asset Management.


About Canoe Financial LP

Canoe Financial is the Portfolio Manager and Manager of the Fund. Canoe
Financial is an investment management firm focused on building financial wealth
for Canadians through investing in Canada. Its 'GO CANADA!' investment thesis
reflects Canoe's strategic confidence in Canada as a place to invest. With
continued global urbanization, increasing worldwide demand for resources, and
Canada's sound fiscal structure, Canoe believes this country provides long-term
growth potential for investors.


Canoe is one of Canada's fastest-growing mutual fund companies and as at August
31, 2013, manages approximately $1.7 billion in assets through its investment
products. To learn more about Canoe Financial, visit www.canoefinancial.com.


Forward Looking Statement: Certain statements included in this news release
constitute forward looking statements which reflect Canoe Financial's current
expectations regarding future results or events. Words such as "may," "will,"
"should," "could," "anticipate," "believe," "expect," "intend," "plan,"
"potential," "continue" and similar expressions have been used to identify these
forward-looking statements. Forward-looking statements involve significant risks
and uncertainties and a number of factors could cause actual results to
materially differ from expectations discussed in the forward looking statements
including, but not limited to, changes in general economic and market conditions
and other risk factors. Although the forward-looking statements are based on
what Canoe Financial believes to be reasonable assumptions, we cannot assure
that actual results will be consistent with these forward-looking statements.
Investors should not place undue reliance on forward-looking statements. These
forward-looking statements are made as of the current date and we assume no
obligation to update or revise them to reflect new events or circumstances.


This communication is not to be construed as a public offering to sell, or a
solicitation of an offer to buy securities. Such an offer can only be made by
way of a prospectus or other applicable offering document and should be read
carefully before making any investment. This release is for information purposes
only. Investors should consult their Investment Advisor for details and risk
factors regarding specific strategies and various investment products.


2

FOR FURTHER INFORMATION PLEASE CONTACT: 
Canoe Financial LP
Investor Relations
1-877-434-2796
info@canoefinancial.com
www.canoefinancial.com

Grafico Azioni Canoe EIT Income (TSX:EIT.UN)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Canoe EIT Income (TSX:EIT.UN)
Storico
Da Giu 2023 a Giu 2024