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Address: 300 - 110 Yonge St
Toronto ON M5C 1T4
Phone: 416 681 3900
Fax: 416 681 3901
Website:
http://www.mulvihill.com
Warrant Symbol - PIC.WT
Number Trading - 9,523,493
Expiration Date - December 15,
2011
Cusip -
Exercise Price - $23.65
Warrants called to trade news:
Premium Income to list
9.52 million warrants on TSX
2011-05-02 19:09 MT - Warrants
Called to Trade
Premium Income Corp. will list
up to 9,523,493 warrants on the
Toronto Stock Exchange on a
"when-issued" basis on May 4,
2011, according to the TSX. As
in an April 28, 2011, news
release, Premium Income plans to
issue one warrant to
shareholders of record on May 6,
2011, for every Class A share
held. Two warrants entitle the
holder to buy a unit at $23.65
on Dec. 15, 2011, only. Each
unit consists of one Class A
share and one preferred share.
The ex distribution date is May
4, 2011.
Premium Income files
final prospectus for warrants
2011-04-28 10:53 MT - News
Release
Premium Income Corp. has filed a
final short form prospectus
relating to an offering of
warrants to holders of its Class
A shares. Each shareholder of
record on May 6, 2011, will
receive one warrant for each
Class A share held.
Two warrants will entitle the
holder to acquire one Class A
share and one preferred share
upon payment of the subscription
price of $23.65. The Toronto
Stock Exchange has conditionally
approved the listing of the
warrants under the symbol PIC.WT
and the Class A shares and the
preferred shares issuable upon
the exercise thereof. It is
expected that the warrants will
commence trading on May 9, 2011,
and will remain trading until
noon (EST) on the expiry date of
Dec. 15, 2011. Warrants may be
exercised only on the expiry
date.
The exercise of warrants by
holders will provide the fund
with additional capital that can
be used to take advantage of
attractive investment
opportunities and is also
expected to increase the trading
liquidity of the Class A shares
and the preferred shares and to
reduce the management expense
ratio of the fund.