To assesses 2008 world series baseball requesta confidential philadelphia phillies devises consultation from a TGN attorney to assist you indetermining whether you have a viable individual claim for investmentlosses that exceed $100,000 from a full service brokerage account,contact us on our website. To speak directly with an attorney, call (800)578-0137 and ask for David Chacin, Esquire.Destination URL http:// Chacin, Esquire2100 Ponce De Leon Blvd, Penthouse IICoral Gables, Florida 33431(800) 578-0137Email ContactCopyright 2009, Market Wire, All rights reserved.-0-. TORONTO, ONTARIO, Jun 26 (MARKET WIRE) -- A correction from source has been issued for the release disseminated at2:30 PM ET. The previous release indicated that a full share warrant wasissued with each share unit issued, when it should have indicated that ahalf share warrant was issued with each share unit issued. Under applicable securities legislation,the securities issued in the private placement are subject to afour-month hold period, expiring on October 27, 2009.About Quest UraniumQuest Uranium Corporation is a Canadian-based, exploration companyfocused on the identification and discovery of new world-class uraniumand REE deposit opportunities.
The company is publicly-listed on the TSXVenture Exchange as "QUC" and is led by a highly-respected management andtechnical team with a proven mine-finding track record autographed baseball . Quest iscurrently advancing several high-potential projects in Canada's topfrontier exploration areas: the George River Belt of northeastern Quebec,the Kenora area of northwestern Ontario and the Plaster Rock area ofnorthwestern New Brunswick philadelphiaphillies . Quest is also actively pursuing additional,high-potential project opportunities throughout North America as asupplement to its strong property portfolio.This press release may contain "forward-looking statements" philies cap . Readers arecautioned that any such statements are not guarantees of futureperformance and that actual developments or results may vary materiallyfrom those in these "forward looking statements."Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of the release.Contacts:Quest Uranium CorporationPeter J philies hat .
CashinPresident & CEO(416) 916-0777 or 1-877-916-0777(416) 916-0779 (FAX) 2009, Market Wire, All rights reserved.-0- baseball tickets . PASADENA, Calif.--(Business Wire)--The Boards of Directors of Flaherty & Crumrine Preferred Income FundIncorporated (NYSE:PFD), Flaherty & Crumrine Preferred Income Opportunity FundIncorporated (NYSE:PFO) and Flaherty & Crumrine/Claymore Preferred SecuritiesIncome Fund Incorporated (NYSE:FFC) have announced that each Fund willoptionally redeem all of its outstanding auction preferred stock ("APS") at aredemption price equal to the applicable liquidation preference, plus the amountof accumulated but unpaid dividends philies hats . Separately, the Boards of PFD and PFO haveannounced that each Fund has secured committed financing with which theycurrently intend to finance these redemptions ryan howard . FFC currently intends to draw onits existing debt facility to finance its redemptions world series 2008 . After the completion ofthese redemptions, borrowings from debt facilities will be each Fund`s solesource of leverage.
On June 1, 2009, the Securities and Exchange Commission granted each of theFlaherty & Crumrine Funds temporary relief from the debt coverage requirementsof the Investment Company Act of 1940 (the "1940 Act") cole hamels bio . The 1940 Act requiresasset coverage of at least 300% for debt-based leverage and at least 200% forequity-based leverage philadelphia phillies . The SEC`s order temporarily lowers the debt assetcoverage requirement for each Fund to at least 200%, specifically in order topermit debt financings sufficient to redeem currently outstanding APS philadelphiaphillies . Thisrelief expires on October 31, 2010, by which time all Fund borrowings must haveasset coverage of at least 300% Donald F philies cap .
Crumrine, Chairman of the Board of each Fund, said, "With thecompletion of these redemptions and the redemptions previously announced forFlaherty & Crumrine/Claymore Total Return Fund Incorporated (NYSE: FLC), thefour closed-end Funds managed by Flaherty & Crumrine Incorporated will havesuccessfully retired all of the total of $820.5 million in auction preferredshares originally issued by the Funds cole hamels jerseys . We believe that this leveragerestructuring has been accomplished in a manner beneficial to both the commonand preferred shareholders of each Fund." Subject to satisfying the notice and other requirements that apply to APSredemptions, shares will be redeemed as follows: PFD:CUSIPNo of SharesNo philies hat . of SharesAggregateRedemption DateOutstanding RedeemedAmount Redeemed338480205448448$44,800,000July 14, 2009 PFO:CUSIPNo of SharesNo philies hats . of SharesAggregateRedemption DateOutstanding RedeemedAmount Redeemed33848E205366366$36,600,000August 4, 2009FFC:SeriesCUSIPNo of SharesNo . of SharesAggregateRedemption DateOutstanding RedeemedAmount RedeemedM7338478209542542$13,550,000July 14, 2009 T7338478308542542$13,550,000July 15, 2009 W7338478407542542$13,550,000July 16, 2009 Th7 338478506542542$13,550,000July 17, 2009 F7338478605542542$13,550,000July 13, 2009 T28 338478704481481$12,025,000July 15, 2009 W28 338478803480480$12,000,000July 30, 2009About the Funds` Use of Leverage:When each of the Funds commenced operations, they intended to leverage throughAPS, rather than debt. Because of the ongoing failed APS auctions, the Fundshave been required to pay maximum rates that could potentially becomeprohibitive should short-term interest rates increase.


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