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Voyageur Secures First International Sales Contract worth US$1.9 Million (click to learn more)
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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

Big Banc Split Corp > Geo-jade
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Comment by guij2000on Mar 21, 2016 7:08pm
122 Views
Post# 24685723

RE:Geo-jade

RE:Geo-jade
braincloud wrote: If anyone out there can read Mandarin it might be helpful if they went on the Geo-Jade web site. Everything is written in Mandarin , even the financials. It might be nice to have a bit of colour on who these people are.


BNK is not the only one in the plan. Based on the translation from the NR from Geo-Jade in Chinese media, BNK is just one of the 3 oil business that Geo-Jade is acquiring in a batch. The other two come from Russia and China.

Obviously, funding is not a question, looks like this company has applied trade suspension on Chinese Stock market for at least half year since it has been busy acquiring oil business in and out China.

Also looks like the company is actually backed by 9 different Chinese FI/MF parties for funding pool.

Overall not feels like a random Joe
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Dealroom for high-potential pre-IPO opportunities