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SPDR Portfolio Intermediate Term Treasury ETF T.ITE


Primary Symbol: SPTI

to provide investment results that before fees and expenses correspond generally to the price and yield performance of an index that tracks the intermediateterm sector of the United States Treasury market In seeking to track the performance of the Bloomberg 3-10 Year U.S. Treasury Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc.


ARCA:SPTI - Post by User

SPDR Portfolio Intermediate Term Treasury ETF
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Post by Betteryear2on Apr 17, 2024 9:47am
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Post# 35993502

Partial Sale of the Company's Royalty Assets T.ITE

Partial Sale of the Company's Royalty Assets T.ITE

("i3", "i3 Energy", or the "Company")
Partial Sale of the Company's Royalty Assets and Elimination of All Bank Indebtedness

EASTLEIGH, UNITED KINGDOM / ACCESSWIRE / April 17, 2024 / i3 Energy plc (AIM:I3E)(TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that its subsidiary, i3 Energy Canada Ltd., has entered into a definitive agreement with a newly formed private royalty company for the sale of certain of the Company's royalty assets (the "Royalty Disposition") for a total gross cash consideration of USD 24.81 million (CAD 33.50 million(1)) before customary closing adjustments. The proceeds of the Royalty Disposition mark the next step in transitioning i3's capital structure, enhancing the Company's financial flexibility through improved liquidity and enabling acceleration of its growth and income-based business plan.

i3 Energy PLC Announces Partial Sale of the Company's Royalty Assets (accesswire.com)

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