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Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.P.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date. The Company will invest on an approximately equally-weighted basis in Portfolio Shares of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank. The Portfolio will generally be rebalanced on a quarterly basis, starting on September 30, 2020, so that as soon as practicable after each calendar quarter the Portfolio Shares will be held on an approximately equal weight basis.


TSX:BNK - Post by User

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Post by arisaig1on May 13, 2014 6:06pm
549 Views
Post# 22557580

This could be good

This could be good

I expect strong positive results on the EOR. Otherwise they would just quietly issue a low key news release. Solid run up to June 9???

Bankers Petroleum to Host 2014 Investor Day

CALGARY, May 13, 2014 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (CA:BNK) (aim:BNK) is pleased to announce that it will hold an Investor Day presentation for analysts and institutional investors in Toronto and London in June.

Members of the Company's Management and technical team will present on the topics of cost structure, early-stage polymer and water flood results as well as the 5-year plan for the Company.

Toronto - June 9and London- June 11

Event Details

Toronto, Canada
One King West Hotel
Monday, June 9, 2014
12:00 pm - 3:00 pm

London, England
The May Fair Hotel
Wednesday, June 11, 2014
8:00 am - 11:00 am

Institutional investors and analysts that are interested in attending are requested to register by emailing Laura Bechtel at for further details on the 2014 Investor Days. Webcast detail will be announced prior to the event.

About Bankers Petroleum Ltd.

Bankers Petroleum Ltd. is a Canadian-based oil and gas exploration and production company focused on developing large oil and gas reserves. In Albania, Bankers operates and has the full rights to develop the Patos-Marinza heavy oilfield, has a 100% interest in the Kuçova oilfield, and a 100% interest in Exploration Block "F". Bankers' shares are traded on the Toronto Stock Exchange and the AIM Market in London, England under the stock symbol BNK.

SOURCE Bankers Petroleum Ltd.

Copyright (C) 2014 PR Newswire. All rights reserved

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