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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

Bullboard Posts
Post by cheapinskion Apr 01, 2014 7:01pm
445 Views
Post# 22398100

news

news

CALGARY, April 1, 2014 /CNW/ - Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is scheduled to release its 2014 First Quarter Operational Update on Tuesday, April 8, 2014 at 5:00 am MDT (7:00 am EDT, 12:00 pm GMT). Following the press release the Management of Bankers will host a conference call and question and answer period for analysts and investors to discuss the results at 6:30 am MDT (8:30 am EDT, 1:30 pm GMT).

Conference Call Details

To participate in the conference call, please contact the conference operator ten minutes prior to the call at 1-888-231-8191 or 1-647-427-7450. A live audio web cast of the conference call will also be available on Bankers website at www.bankerspetroleum.com or by entering the following URL into your web browser, https://www.newswire.ca/en/webcast/detail/1331909/1471999.

The web cast will be archived two hours after the presentation on the website, and posted on the website for 90 days. A replay of the call will be available until April 22, 2014 by dialing 1-855-859-2056 or 1-416-849-0833 and entering access code 23433364.


Read more at https://www.stockhouse.com/news/press-releases/2014/04/01/bankers-petroleum-to-release-first-quarter-operational-update-and-hold#X5g4ld7jZ2FHjUWT.99
Bullboard Posts