The directors of Cremorne Capital, in their capacity as Responsible Entity for the Lowell Resources Fund advised unitholders of the current estimate of a distribution from the fund for the 2020-21 Financial Year. Unaudited management accounts for the Fund currently indicate that the Fund will distribute between 7c and 13c per unit of mostly unfranked distribution for the financial year. This is subject to change and an updated estimate of the distribution will be announced in the final week of June. This distribution forecast compares with a distribution of 2.4c per unit for the previous financial year, which was announced in June 2020 and paid in late August 2020. Distribution reinvestment is available to LRT unitholders. The DRP price for the 2.4c per unit distribution last year was 94.68c per unit.