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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.


TSX:BNK - Post by User

Big Banc Split Corp
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Post by Roymurphyon Apr 05, 2010 9:57pm
393 Views
Post# 16958974

Re- Bankers Petroleum

Re- Bankers Petroleum
We have the BEST Guy in the Oil Business running our Company !!! Checkout his past History. We have the largest oil deposit on Shore Europe, ( not 50 miles out in the North Sea). A fairly reasonable Government with which to do Business,we continue to increase proven and probable oil in the ground. What more can we ask ? If a Company wants to take us out, let them follow the rules and fall in line, or let us see the Company come to Fruition,.I'll be happy to hold my shares til then. My cost is around $3.02.  Happy trading to everybody, Roy.
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Dealroom for high-potential pre-IPO opportunities