10:00 AM EST - Cathedral Energy Services Income Trust : revealed the completion of the conversion of the trust to a growth-oriented corporation pursuant to a plan of arrangement under Section 193 of the Business Corporations Act, Alberta, involving among others, the trust and SemBioSys Genetics Inc. Effective upon the closing of the Conversion, Cathedral Energy Services Ltd. would operate the existing businesses of the trust and its subsidiaries and the existing trustees and management of the trust will continue to act as the board and management of Cathedral with one additional director from the board of SemBioSys. As a consequence of the Conversion, Cathedral will not be acquiring any business carried on by SemBioSys. The former business of SemBioSys will be carried on by a new entity, named SemBioSys Genetics Inc., which will be owned by the former shareholders of SemBioSys. Cathedral Energy Services Income Trust
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