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Premium Income Corporation Files Preliminary Prospectus for Rights Offering

October 20, 2012

TORONTO, ONTARIO--(Marketwire - Oct. 19, 2012) - (TSX:PIC.A)(TSX:PIC.PR.A) - Premium Income Corporation (the "Fund") is pleased to announce that it has filed a preliminary short form prospectus relating to an offering of rights ("Rights") to holders ("Shareholders") of its class A shares ("Class A Shares") and preferred shares ("Preferred Shares"). Each Shareholder of record on a date to be established prior to filing the final short form prospectus will receive one Right for each Class A or Preferred Share held.

Source URL: http://www.marketwire.com/mw/release.do?id=1715831&sourceType=3
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