Purpose Investments Inc. Announces Unitholder Approval of Fund Conversion
(WorldNews Canada)

TORONTO, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (`Purpose`), the manager of Energy Credit Opportunities Income Fund (TSX:PCF.UN) (the `Fund`), announced that at a special meeting of unitholders held today, the unitholders approved the previously announced proposal to convert the Fund from a closed-end fund into an actively managed exchange-traded fund (the `ETF`), to be renamed Redwood Energy Credit Fund or such other name as the manager of the Fund may determine in its discretion (collectively, the `Conversion`) as contemplated in the management information circular of the Fund dated November 8, 2017 (the `Circular`). ......