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 > exerp from the Parliamentary Committee discussion on BNK

<< Previous

Bullboard Posts

Next >>

Comment by WestCoastEagleon Dec 02, 2015 6:12pm

123 Views

Post# 24348502

RE:RE:RE:RE:RE:RE:RE:exerp from the Parliamentary Committee discussion on BNK

Thanks, I've just read them. I've been reading everything... greatly apprecitate all who are posting info.

I just havn't seen references to the accounts balance other than yours and that article I just sent which is conflicting...

So - curious where you got that number.

This is the statement I'm referring to again as I messed up the last post.

"The conflict between the Albanian government and Bankers Petroleum Ltd started after the General Taxation Directorate evidenced a while ago that the Canadian company owed to the Albanian state 75 million USD of unpaid tax. The Appellate Court decided to freeze this amount in the company’s accounts."

https://www.balkaneu.com/strong-debates-wave-threats-albanian-government-bankers-petroleum/

<< Previous

Bullboard Posts

Next >>

FE Battery Metals begins 2024 winter drill program