Bullboard - Stock Discussion Forum Jade Power Trust V.JPWR.H

Alternate Symbol(s): TNSTF

Jade Power Trust is a Canada-based open-ended limited purpose trust. The Trust, through its direct and indirect subsidiaries in Canada, the Netherlands and Romania, has formed to acquire interests in renewable energy assets in Romania, other countries in Europe and abroad that provides stable cash flow to the Trust and a suitable risk-adjusted return on investment. The Company's subsidiaries... see more

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TSXV:JPWR.H - Post Discussion

Jade Power Trust > !#$!@#$@%$,,,,,,,,,,Another 1 for 10 ROLL BACK !!!!!!!!!!

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Post by Red_Deer on Feb 20, 2024 2:33pm

!#$!@#$@%$,,,,,,,,,,Another 1 for 10 ROLL BACK !!!!!!!!!!

Now ONLY 2,225,291 shares OUTSTANDING !!!!!

Makes this an ATTRACTIVE Reverse Take Over TARGET eh ????

TORONTO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Jade Power Trust (“Jade Power” or the “Trust”) (TSXV:JPWR.H) is pleased to announce that the NEX board of the TSX Venture Exchange (the “TSXV”) has accepted the Trust’s application to consolidate the Trust’s outstanding trust units on the basis of one new trust unit for every 10 existing trust units (the “Consolidation”). The Consolidation will be effective and the trading of the trust units reflecting the Consolidation will commence at the opening of markets on February 20, 2024.

As a result of the Consolidation, the 22,252,912 trust units issued and outstanding prior to the Consolidation will be reduced to approximately 2,225,291 trust units. Each unitholder’s percentage ownership in the Trust and proportional voting power remains unchanged after the Consolidation, except for minor changes and adjustments resulting from the treatment of any fractional trust units.

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