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.

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Partners Value Split Corp

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Post by wofatson Jan 24, 2002 3:52pm

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Post# 4681578

News

Priority arranges $1.5-million financing Priority Ventures Ltd PVS Shares issued 13,356,649 Jan 23 close $0.83 Thu 24 Jan 2002 News Release Mr. Neil Swift reports FLOW-THROUGH PRIVATE PLACEMENT Priority Ventures has arranged a two-million-unit flow-through private placement. A unit will be priced at 75 cents and will consist of one flow-through share and a flow-through share purchase warrant exercisable at a price of $1.05. The hold period for the flow-through shares and expiry of the share purchase warrant will be five months starting from the issuance date of the securities from treasury. Priority will pay a commission of 7.5 per cent on a portion of the funds raised. The funds from the private placement will be used to further advance the company's main energy projects with emphasis on Vancouver Island. (c) Copyright 2002 Canjex Publishing Ltd. https://www.stockwatch.com

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