Press release article from our research archive:

Peyto Energy Trust private placement February 15, 2006.

SYMBOL: PEY.UN - TSX

CALGARY, March 14 /PRNewswire-FirstCall/ -- Peyto Energy Trust (Peyto) was first contacted yesterday by the Financial Post and later in the day was contacted by the Toronto Stock Exchange (TSX) with respect to a private placement made to employees, including officers, and key consultants on February 15, 2006. The private placement consisted of 312,370 units at a price of $22.18/unit. Peyto is also aware of an article contained in today's Financial Post titled "TSX PROBES PEYTO ENERGY TRUST BONUS PAYOUT". Yesterday, the TSX indicated they were concerned about the timing of this private placement. The concerns did not relate to the "bonus payout" which ...

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