New Commerce Split: Warrant Expiry (YCM.WT)
25 February 2011 - 2:30AM
Marketwired Canada
New Commerce Split Corp. (TSX:YCM)(TSX:YCM.PR.A)(TSX:YCM.PR.B) (the "Company")
advises holders of 2011 warrants that the expiry date for exercise of the
warrants is February 28, 2011 at 4:00 p.m. (Eastern Time). Warrants entitle the
holders to purchase a unit of the Company at a price of $10. The current net
asset value of the Company is approximately $10.65. Assuming full exercise of
all warrants, the net asset value would be approximately $10.42. Holders are
advised to provide instructions to exercise to their agent prior to expiry.
The Company invests in common shares of Canadian Imperial Bank of Commerce, a
Canadian financial institution.
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