CIX Split Corp has announced:
that it will redeem all of its outstanding Priority Equity Shares and Class A Shares (the “Shares”) on January 31, 2011 (the “Redemption Date”) as contemplated by the constating documents of the Corporation. The Corporation will request that its Shares be delisted from the Toronto Stock Exchange after the close of trading on January 31, 2011. The redemption proceeds for the Shares will be paid by the Corporation on or about February 7, 2011 through CDS Clearing and Depository Services Inc. It is anticipated that the Priority Equity Shares will be redeemed at $10.00 and that the Class A Shares will be redeemed at their net asset value per share on the Redemption Date.
The Corporation’s Priority Equity Shares and Class A Shares are listed on the Toronto Stock Exchange under the symbols CXC.PR.A and CXC respectively.
CXC.PR.A was last mentioned on PrefBlog in the post CXC.PR.A Holders Give Christmas Present to the Capital Units. CXC.PR.A is not tracked by HIMIPref™.
Update, 2011-2-3: Matured.
This entry was posted on Thursday, January 13th, 2011 at 6:53 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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CXC.PR.A to Mature on Schedule
CIX Split Corp has announced:
CXC.PR.A was last mentioned on PrefBlog in the post CXC.PR.A Holders Give Christmas Present to the Capital Units. CXC.PR.A is not tracked by HIMIPref™.
Update, 2011-2-3: Matured.
This entry was posted on Thursday, January 13th, 2011 at 6:53 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.