Partners Value Split Corp T.PVS.PR.G

Alternate Symbol(s): T.PVS.PR.H | T.PVS.PR.I | T.PVS.PR.J | T.PVS.PR.K | T.PVS.PR.L

Financial Services Asset Management

Partners Value Split Corp. is a Canada-based investment fund. The Company’s objective is to invest in Class A Limited Voting Shares of Brookfield Corporation and Brookfield Asset Management Ltd. (Brookfield shares), which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for the holders of the Company’s senior preferred shares and provide the holders of the Company’s capital shares the opportunity to participate in any capital appreciation in the Brookfield shares. Brookfield provides management and administration services to the Company. Brookfield Corporation is focused on deploying its capital on a value basis and compounding it over the long term. This capital is allocated across its three core pillars of asset management, insurance solutions and its operating businesses. Brookfield Asset Management is focused on real estate, renewable power, infrastructure, and private equity.

TSX:PVS.PR.G - Post by User

Partners Value Split Corp

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Post by wofatson May 14, 2001 11:18am

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Post# 3736703

NLK/ News Release

NLK / News Release The private placement announced March 6, 2001 has closed. Priority raised $200,000 through the sale of 500,000 flow-through units. The Canadian Venture Exchange has accepted for filing the documentation for the private placement which was originally 600,000 flow-through units at $0.40/unit; a unit consisting of one flow-through share and one share purchase warrant entitling the holder to purchase an additional flow-through share at a price of $0.50/share. The shares have a hold period of six months from the issuance date of the certificates. The warrants are exercisable for a period of one year from the certificate issuance date. The funds are to be used for the drilling of a gas well in northeast British Columbia. This well is schedule to begin drilling sometime in June. The duration of spring breakup and road bans will determine the actual spud date in June. The certificates will be issued nest week from Priority's Treasury. For investor relations see our website at www.priority-pvs.com or call 1-877-212-3233.

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