Stornoway Portfolio Management Inc., the Investment Manager of Ravensource Fund announced the Fund will not make a distribution to unitholders for the semi-annual period ending June 30, 2023. Stornoway believes that retaining capital to deploy in the attractive investment opportunities currently available to the Fund will create more value for unitholders than making a cash distribution. Going forward, on a semi-annual basis, Ravensource intends to distribute the amount, if any, required for Ravensource to remain a tax-efficient vehicle as well as any excess liquidity should there be a lack of compelling investment opportunities.