Colabor Income Fund announces its conversion to a corporation

BOUCHERVILLE, QUEBEC – July 8, 2009 – Colabor Income Fund (TSX: CLB.UN) (“Colabor” or the “Fund”), announced today its intention to convert from an income trust structure to a corporation (the “Conversion”). In order to effect the Conversion, Colabor has entered into an arrangement agreement (the “Arrangement Agreement”) with ConjuChem Biotechnologies Inc. (“ConjuChem”).




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