Contact Information: Contact: Thomas O'Malley E-mail: 1-212-344-6310, ext. 267
Foxby Corp. Distribution
| Source: Foxby Corporation
NEW YORK, NY--(Marketwire - December 18, 2007) - Foxby Corp. (AMEX : FXX ) announced today that
it will pay a year end distribution of $0.02 per share on December 31, 2007
to shareholders of record December 19, 2007. The per share distribution is
comprised of ordinary income of $0.02 and no capital gains. This press
release updates a preliminary estimate of distribution announced on
December 5, 2007.
The distribution will be reinvested or paid out in cash, according to the
instructions associated with each shareholder's account.
The non-fundamental investment objective of Foxby Corp. is total return
which it may seek from growth of capital and from income in any security
type and in any industry sector. The Fund is managed by CEF Advisers, Inc.,
a subsidiary of Winmill & Co.
Incorporated, which is engaged through subsidiaries in stock market and
gold investing
through its investment management of equity and gold mutual
funds, and closed end funds. More information about the Fund may be
obtained at www.foxbycorp.com.