PR Newswire
CALGARY, June 16, 2017
CALGARY, June 16, 2017 /PRNewswire/ - TransAlta Corporation
("TransAlta" or the "Company") (TSX: TA; NYSE: TAC) announced today that after having taken into account all election notices
received by the June 15, 2017 deadline for the conversion of the Cumulative Redeemable Rate Reset
Preferred Shares, Series C (the "Series C Shares") into Cumulative Redeemable Floating Rate Preferred Shares, Series D (the
"Series D Shares"), there were 827,628 Series C Shares tendered for conversion, which is less than the one million shares
required to give effect to conversions into Series D Shares. As a result, none of the Series C Shares will be converted into
Series D Shares on June 30, 2017.
About TransAlta Corporation
TransAlta is a power generation and wholesale marketing company focused on creating long-term shareholder value. TransAlta
maintains a low-to-moderate risk profile by operating a highly contracted portfolio of assets in Canada, the United States and Australia.
TransAlta's focus is to efficiently operate wind, hydro, solar, natural gas and coal facilities in order to provide customers
with a reliable, low-cost source of power. For over 100 years, TransAlta has been a responsible operator and a proud contributor
to the communities in which it works and lives. TransAlta has been recognized on CDP's Canadian Climate Disclosure Leadership
Index (CDLI), which includes Canada's top 20 leading companies reporting on climate change, and
has been selected by Corporate Knights as one of Canada's Top 50 Best Corporate Citizens and is
recognized globally for its leadership on sustainability and corporate responsibility standards by FTSE4Good.
For more information about TransAlta, visit our web site at transalta.com, or follow us on Twitter @TransAlta.
SOURCE TransAlta Corporation