Bullboard - Stock Discussion Forum 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... see more

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Big Banc Split Corp > jeo-jade gets approval

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Post by dubsbs on Jun 22, 2016 6:15am

jeo-jade gets approval

June 22 (Reuters) - Geo-Jade Petroleum Corp

* Says it receives Canada government approval on proposed acquisition of Canada's Bankers Petroleum Ltd

Source text in Chinese: https://bit.ly/28Oqxhp

Further company coverage: (Reporting by Hong Kong newsroom)

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Comment by retiredcf on Jun 22, 2016 7:12am

CALGARY, June 22, 2016 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) is pleased to announce that the proposed plan of arrangement (the "Arrangement") with affiliates of Geo-Jade Petroleum Corporation ("Geo-Jade") has received Ministerial approval under the Investment Canada Act. Pursuant to the ...more

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Comment by uograd on Jun 22, 2016 7:52am

great news to hear even before my first morning coffee! sometimes it is your spider senses tingling and sometime it is just an itch. I am very happy it is just an itch. A few more weeks and we should finally put this to bed.

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