WCSB Holdings Corp. is pleased to announce the completion of its restructuring of WCSB 2008-I 2008-II & 2009 Funds and
its assets and the sale, on a tax deferred basis, of its portfolio of
oil and natural gas gross over-riding royalties to Caledonian Royalty
Corporation ("CRC") in exchange for royalty units of Caledonian, a private
Alberta-based corporation.
Further Information on Caledonian Royalty Corporation
Shareholders requiring information on CRC
share value, adjusted cost base, income distributions and other CRC
related matters should contact Caledonian Royalty Corporation directly.
Past Information on WCSB 2009, 2008-II and 2008-I Funds
For information regarding the divestiture transaction on each of the above mentioned funds, please see below.