Prairiesky Royalty Ltd T.PSK

Alternate Symbol(s): PREKF

Energy Oil & Gas E&P

PrairieSky Royalty Ltd. is a Canada-based royalty company. The Company has a geologically and geographically diverse portfolio of fee simple mineral title (Fee Lands), lessor interests in and to leases that are issued in respect of certain Fee Lands (Lessor Interests), crude oil and natural gas overriding royalty interests, gross overriding royalty interests, net profit interests and production payments on lands (GORR Interests) and other acreage spanning Alberta, Saskatchewan, British Columbia and Manitoba (the Royalty Properties). The Company is focused on encouraging third parties to actively develop the Royalty Properties, while strategically seeking additional petroleum and natural gas royalty assets that provide the Company with medium-term to long-term value enhancement potential. The Company’s operations include royalty income earned through crude oil, natural gas liquids (NGL) and natural gas produced on the Royalty Properties.

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Prairiesky Royalty Ltd

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Comment by zalmonellaon Aug 29, 2017 2:08am

127 Views

Post# 26631024

RE:Tax Consequences from CNQ Spinout

I don't think they were assigned any capital cost at all. Mine certainly weren't - they were given as return of capital. Drives me nuts - now I have 6 shares I have to get rid of at whatever the market will bear and paying the trading house's commission on a special sale. May as well have thrown the money in the garbage can.

I've got a lump of coal ready for these b**t*ards for their Christmas stocking - what a shitty way of distributing assets without regard for the interests of ordinary retail shareholders who provided their ready liquidity and share interest all these years.

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