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Strathbridge Asset Management Inc. Announces Merger Exchange Ratios for Merger With Mulvihill Premium Yield Fund

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TORONTO, July 05, 2021 (GLOBE NEWSWIRE) — Strathbridge Asset Administration Inc. (the “Supervisor”), the supervisor of Core Canadian Dividend Belief (TSX: CDD.UN) (“CDD”), High 10 Canadian Monetary Belief (TSX: TCT.UN) (“TCT”) and U.S. Financials Revenue Fund (TSX: USF.UN) (“USF”), is happy to announce the alternate ratios for the merger (the “Merger”) of CDD, TCT and USF with Mulvihill Premium Yield Fund (“MPY”).

Pursuant to the Merger, every holder of models of CDD will routinely obtain 0.474274 Class A models of MPY for every unit of CDD held on the efficient date of the Merger, being July 5, 2021; every holder of models of TCT will routinely obtain 0.842468 Class A models of MPY for every unit of TCT held on the efficient date of the Merger, being July 5, 2021; every holder of Class A models of USF will routinely obtain 0.58935 Class F models of MPY for every Class A unit of USF and every holder of Class U models of USF will routinely obtain 0.79067 Class F models of MPY for every Class U unit of USF held on the efficient date of the Merger, being July 5, 2021.

Models of CDD and TCT and Class A models of USF will likely be delisted as on the shut of enterprise on July 5, 2021. Unitholders of CDD, TCT and USF should not required to take any motion to be acknowledged as unitholders of MPY. Particulars of the Merger are outlined in a administration info round dated Could 13, 2021 that’s accessible on www.sedar.com and www.strathbridge.com.

For additional info, please contact your monetary advisor, name our investor relations line at 416.681.3966, toll free at 1.800.725.7172 or go to www.strathbridge.com.

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