Liquor Stores Comments on Liquor Barn's First Quarter Loss And Announces Mailing of Notice of Extension

CCNMatthews Newswire | May 17, 2007 | Copyright

EDMONTON, ALBERTA--(CCNMatthews - May 17, 2007) - Liquor Stores Income Fund (TSX:LIQ.UN) (the "Fund") today commented on Liquor Barn Income Fund's (TSX:LBN.UN) recently disclosed loss for the first quarter of 2007 and weak financial performance over the past nine months.

In addition, Liquor Stores announced that it has mailed its Notice of Extension to Liquor Barn unitholders thereby formally extending its offer to acquire the trust units of Liquor Barn until 10:00 pm (Edmonton time) on May 28, 2007.

"We believe Liquor Barn's continued weak financial performance underscores the value of ...

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