March 22, 2010 (FinancialWire) — Arctic Glacier Income Fund (TSX: AGN) (TSX: AGN.UN) announced that its fourth-quarter net loss totaled $17.6 million U.S., compared to a loss of $25.8 million U.S. in the same quarter of 2008. That was equivalent to a loss of $0.45 U.S. per unit, compared to a loss of $0.66 U.S. last year. Sales in the fourth quarter totaled $33.3 million U.S., a decrease of $2.9 million U.S. or 8% compared to the same period in 2008. Arctic Glacier Income Fund shares were down $0.12 at $3.17 on Friday.

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