Canadian Banc Corp T.BK

Alternate Symbol(s): T.BK.P.A | CNDCF

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per annum equal to the Prime Rate plus 2.0%, with a minimum targeted annual rate of 5.0% and a maximum targeted annual rate of 10.0% and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012.

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Canadian Banc Corp > Brompton SPLT

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Comment by AnEducatoron Mar 01, 2024 2:42pm

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Post# 35909979

RE:RE:RE:RE:RE:Brompton SPLT

SEDAR does not have any reports of purchases of BK. I searched both the BK filings as well as SPLT and I am unable to find anything. If 200,000 shares of the preferreds were purchased by SPLT, it is critical for serious investors to know where this information was obtained. None of the traditional sources reveal anything.

Was it merely an assumption or is the purchase actually verifiable?