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Subject: STOCK/OTHER MARKET NEWS

Citadel Income Fund Announces Annual Redemption Details


TORONTO, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Citadel Income Fund (TSX ? CTF.UN) (the "Fund") is pleased to announce that, with respect to the previously announced annual redemption of 1,233,303 units of the Fund, the redemption price per unit is $4.8918.

The pro-rata redemption rate will be 14.00% (i.e., for every 1,000 units submitted by a unitholder for redemption, 140 units will be redeemed).

For further information, please contact your financial advisor, call Artemis Investment Management's investor relations line at (416) 934?7455 or visit our website at www.artemisfunds.ca.



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