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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 > Richard Wadworth former co-founder of Bankers now with PNN
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Post by wisdompleaseon Jul 10, 2016 10:13pm
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Post# 25039857

Richard Wadworth former co-founder of Bankers now with PNN

Richard Wadworth former co-founder of Bankers now with PNNhttps://www.penninecorp.com/cfo-message

Richard Wadworth is former co-founder, president and COO of Bankers.  He is now director of Pennine Petroleum Corp (PNN).  Ground floor opportunity to re-set a position in the Albanian oil space.  Insiders have been acquiriing lately which speaks volumes. Nothing but upsdie. Check it out. 



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Dealroom for high-potential pre-IPO opportunities