Earlier, we reported on the Liquor Stores Income Fund's plans to "build on its market position (in British Columbia) by "by adding new stores through acquisitions and new store developments." And it looks like the income fund - which made former finance minister Gary Collins a trustee - has more than enough money to execute that plan. On October 2, the fund announced it had raised $35.7 million through the sale of trust units to "repay current indebtedness, to fund acquisitions and new store development, and for general corporate purposes."
We're in the money
October 25, 2006


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