US Financial 15 Split Corp. Announces Further Details of Capital Reorganization
13 Giugno 2012 - 3:00PM
Marketwired
US Financial 15 Split Corp. (the "Company previously announced that
a proposed reorganization of Preferred Shares of the Company (the
"Reorganization") had been approved at the special meeting of
shareholders held on April 16, 2012. The special retraction right
afforded to shareholders in connection with the Reorganization has
now expired and the Company expects to complete the Reorganization
on June 25, 2012. Payment of retraction price for shares retracted
pursuant to the special retraction right is expected to occur on
June 19, 2012.
In order to facilitate the Reorganization, the Company has
announced the monthly retraction date for June 2012 to be June 15,
2012. Payments for shares retracted pursuant to May and June 2012
monthly retraction rights will also be made on June 19, 2012.
Additional information regarding the capital reorganization is
contained in the Management Information Circular dated March 9,
2012 prepared in respect of the special meeting, available on SEDAR
at www.sedar.com or on the Company's website
www.financial15.com.
Certain statements included in this news release constitute
forward-looking statements, including, but not limited to, those
identified by the expressions "expect", "intend", "will" and
similar expressions to the extent they relate to the Company. The
forward-looking statements are not historical facts but reflect the
Company's current expectations regarding future results or events.
These forward-looking statements are subject to a number of risks
and uncertainties that could cause actual results or events to
differ materially from current expectations. Although the Company
believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not
guarantees of future performance and, accordingly, readers are
cautioned not to place undue reliance on such statements due to the
inherent uncertainty therein. The Company undertakes no obligation
to update publicly or otherwise revise any forward-looking
statement or information whether as a result of new information,
future events or other such factors which affect this information,
except as required by law.
Contacts: US Financial 15 Split Corp. Investor Relations
416-304-4443 or Toll free at 1-877-4-Quadra (1-877-478-2372)
www.financial15.com
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