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Claymore Global Monthly Advantaged Dividend Etf T.CYH

The investment objective of the Fund is to replicate, to the extent possible, the performance of the Dow Jones Global Select Dividend Composite Index Canadian Dollar Hedged (the Index), net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through investment in one or more iShares ETFs and/or through the use of derivatives, a replicating strategy or sampling strategy. A replicating strategy is an investment strategy intended to replicate the performance of the Index by investing, directly or indirectly, primarily in a portfolio of index securities in substantially the same proportions as they are represented in the Index.


TSX:CYH - Post by User

Post by diesel120on Mar 03, 2000 7:59pm
401 Views
Post# 1498475

WHATS THIS

WHATS THISbject: Stockwatch: Compression & Encryption Tech Inc - News Release Date: Fri, 03 Mar 2000 16:43:13 -0800 From: newsout@stockwatch.com To: dallash@istar.ca IS THIS A THIRD Compression to sell 750,000 units privately Compression & Encryption Tech Inc CYH Shares issued 10,098,273 Mar 3 close $2.10 Fri 3 Mar 2000 News Release Mr. Randy Pointkoski reports Compression & Encryption Technologies is in negotiations with potential investors regarding a non-brokered private placement under available prospectus exemptions. The corporation has concluded that this strategy it is in the best interests of its current shareholders. The proposed private placement calls for issuance of up to 750,000 units at a discounted price of $1.50 per unit. The unit is to consist of one common share with a hold period of one year and one non-transferable share purchase warrant. The warrants holder will be entitled to purchase one common share of the company for every two warrants at a purchase price of $3 per share for a period of one year. The company shall use the proceeds of this private placement as working capital to continue international market development, continue the product development to add new feature sets and products to the company's product offering and to assist the company in the pursuit of new strategic business opportunities. The completion of the proposed private placement is subject to regulatory approval. The company also intends to issue 5.34 million common shares at a price of 10 cents per share with a one-year hold period. The shares are being issued to settle fees and operational expenses incurred over the last 12 months ended Jan. 31, 2000, on CYH's behalf in the amount of $534,000 pursuant to an existing management contract with OKKO Corporation. This share issuance is subject to the receipt of regulatory approvals. The family of CYH data link optimization products are designed to expand the usable bandwidth of wide area network (WAN) services. These products deliver up to four times the throughput normally available on existing data links. Data communications carriers provide these WAN services on a monthly lease basis. The value of the extra bandwidth obtained from the use of the hardware is dependent upon the costs of the bandwidth. With demand for bandwidth globally growing faster than the infrastructure, an opportunity is created for effective bandwidth optimization technologies. (c) Copyright 2000 Canjex Publishing Ltd. https://www.canada-stockwatch.com
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