Partners Value Split Corp T.PVS.P.F

Alternate Symbol(s): T.PVS.P.G | T.PVS.P.H | T.PVS.P.I | T.PVS.P.J | T.PVS.P.K

Partners Value Split Corp. is a Canada-based investment fund. The Company’s objective is to invest in Class A Limited Voting Shares of Brookfield Corporation and Brookfield Asset Management Ltd. (Brookfield shares), which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the Company’s senior preferred shares and provide the holders of the Company’s capital shares the opportunity to participate in any capital appreciation in the Brookfield shares. Brookfield provides management and administration services to the Company. Brookfield Corporation is focused on deploying its capital on a value basis and compounding it over the long term. This capital is allocated across its three core pillars of asset management, insurance solutions and its operating businesses. Brookfield Asset Management is focused on property, renewable energy, infrastructure, and private equity.

TSX:PVS.P.F - Post by User

Partners Value Split Corp

Bullboard Posts

Post by mpetiton Feb 14, 2011 8:37pm

450 Views

Post# 18132870

email from PVS

Chris Gordon <cgordon@pugetventures.com>	Mon, Feb 14, 2011 at 11:17 AM
To: m.mpetit@gmail.com
Reply \| Reply to all \| Forward \| Print \| Delete \| Show original
Just wanted to pass along an update regarding our merger. Things are going very well and we are both eager and excited to complete the process and begin an extensive drill program on the Karakul cobalt property. We are in the latter stages of the merger and are awaiting completing on a one part of the process at this point and expect it to be complete soon. Later this month or early next month we should be starting our financing as announced in our last news release in December (see attached). Also we will likely be releasing some news in the upcoming weeks as well. As far as when will start trading again it is impossible for me to say when, but am hopeful that it will be coming up in the spring of this year. Some of the steps remaining but not limited to are as follows: information circular, shareholder vote, raising capital to name a few. I understand that the duration of the halt is challenging for all involved and appreciate your patience. Once again we are very eager to begin working on what could be one of the largest pure cobalt deposits outside of Africa! Best Regards, Chris Gordon Puget Ventures Investor Relations 604.688.4219 C#778.878.7002