Crius Energy Trust announced that the Board of Directors of Crius Energy Administrator Inc., the administrator of the Trust, has approved a 2% increase to distributions paid on units of the Trust ("Units"), representing an annualized increase of $0.0155 per Unit and a total annualized distribution of $0.7885 per Unit (all $ Canadian)

Accordingly, distributions on Units for the months of April 2017, May 2017 and June 2017 will be paid at a rate of $0.0657 per Unit, representing a 2% increase over the previous annualized distribution rate of $0.7730 per Unit.

"The Board and Management are very pleased to announce our sixth consecutive quarterly distribution increase since the beginning of 2016," commented Michael Fallquist, CEO of Crius Energy. "With the ongoing success of our deregulated energy business and the early stage success of our vertically integrated solar business, the Board and Management are confident that the company will continue to deliver strong results allowing us to grow the distribution while maintaining a conservative payout ratio."

The Board declared the Trust's monthly distributions on Units, each in the amount of $0.0657 per Unit, through the first quarter of 2017. Such distributions are payable for each of April 2017, May 2017 and June 2017 to unitholders of the Trust.