Big Banc Split Corp T.BNK

Alternate Symbol(s): T.BNK.PR.A

Financial Services Asset Management

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.

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Big Banc Split Corp > Geo-Jade Petroleum is a good news : ))

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Post by Quick4youon Mar 30, 2016 8:37pm

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Post# 24713566

Geo-Jade Petroleum is a good news : ))

That creates of the visibility and it's very good for Bankers Petroleum.

Several analysts had a target higher than $CA2.20 then no risk with or without Geography-jade Petroleum Corp.

Bankers Petroleum is a Calgary-based oil & gas company with a large portfolio of heavy oil assets in Albania.

The company has a strong management team that has focused on maximizing realized prices through a strong crude marketing program and minimizing costs at every level of the business. This strategy has been a real advantage to Bankers in the current pricing environment. As well as a focus on maximizing margins, the company was quick to reduce capital spending in line with cash flow in reaction to declining commodity prices. This has protected Banker’s strong balance sheet even as oil prices have remained unsupportive. In addition to protecting the downside, the company has the flexibility to quickly increase drilling activities if commodity prices warrant. This combination of a strong balance sheet and torque to rising commodity prices makes Bankers one of the best positioned junior oil & gas companies in this uncertain commodity environment.

Swanzy Quarshie

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