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CHEMTRADE LOGISTICS INCOME FUND COMPLETES REDEMPTION OF THE REMAINING 7.00% CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES MATURING ON JUNE 30, 2028

Newswire.ca - Tue Jun 30, 4:00PM CDT

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TORONTO, June 30, 2026 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) (OTCQX®: CGIFF) ("Chemtrade" or the "Fund") announced today that it has completed the redemption of all of its remaining 7.00% Convertible Unsecured Subordinated Debentures that mature on June 30, 2028 (the "2028 Debentures"). $4,296,000 aggregate principal amount of 2028 Debentures were redeemed as part of the redemption. Since May 21, 2026, the date the Fund announced its intention to redeem the 2028 Debentures, the Fund has issued a total of 1,651,738 units to satisfy prior conversions of the 2028 Debentures. As of the date hereof, the Fund has approximately 112.6 million units issued and outstanding.

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