Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.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.

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Big Banc Split Corp

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Comment by rupert2014on Jun 18, 2014 10:07pm

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Post# 22673611

RE:RE:EU membership

Good comments guys, some interesting insights and views on the EU membership. Downwithdotcom, the dredging was announced in the 2013 finacial results, the bullet point reads as follows:
- Planning and design of sales infrastructure expansion on the second phase crude oil pipeline from the Fier Hub facilities to the Vlore Port and increased storage and shipping channel dredging at the port.

link to the full report: https://www.newswire.ca/en/story/1321507/bankers-petroleum-announces-2013-financial-results

I am also interested to see what would happen if Russia decides to reduce oil supply to the EU and send more to Asia, currently the EU receives a large portion of their oil and gas from Russia so if they cut the supply then the EU nations are going to need a reliable long term source of oil supply to keep up with demand. In my opinion, for this reason Albania seems like a nice asset to the EU and BNK is in prime position to capitalize on this. Any thoughts?

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