ATLANTA--(BUSINESS WIRE)--Ciner Resources LP (the "Partnership") (NYSE: CINR) announced that the board of directors of its general partner approved today its quarterly distribution. The quarterly distribution of $0.5670 for the first quarter of 2017 is payable on May 15, 2017, to unitholders of record on May 1, 2017.
ABOUT CINER RESOURCES LP
Ciner Resources LP, a master
limited partnership, operates the trona ore mining and soda ash
production business of Ciner Wyoming LLC, ("Ciner Wyoming"), one of the
largest and lowest cost producers of natural soda ash in the world,
serving a global market from its facility in the Green River Basin of
Wyoming. The facility has been in operation for more than 50 years.
FORWARD-LOOKING STATEMENTS
This press release may contain
forward-looking statements. Statements other than statements of
historical facts included in this press release may constitute
forward-looking statements and are not guarantees of future performance
or results and involve a number of risks and uncertainties. Actual
results may differ materially from those in the forward-looking
statements as a result of a number of factors, including those described
in the Partnership's filings with the SEC. The Partnership undertakes no
duty to update any forward-looking statement made herein. All
forward-looking statements speak only as of the date of this press
release.
Qualified Notice
This release is intended to be a qualified
notice to nominees as provided for under Treasury Regulation Section
1.1446-4(b)(4) and (d). Please note that 100 percent of the
Partnership's distributions to foreign investors are attributable to
income that is effectively connected with a United States trade or
business. Accordingly, all of the Partnership's distributions to foreign
investors are subject to federal income tax withholding at the highest
effective tax rate for individuals or corporations, as applicable.
Nominees, and not the Partnership, are treated as the withholding agents
responsible for withholding on the distributions received by them on
behalf of foreign investors.