Business
Bankers Petroleum Consolidates Shares & Warrants
CALGARY, July 29 /CNW/ - Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is pleased to announce that ...
About this update from Big Banc Split Corp. Class A
[{"type":"text","content":"\n\n\n\nCALGARY, July 29 /CNW/ - Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is\npleased to announce that its common shares (Symbol: BNK), and both the common\nshare purchase warrants (Symbol: BNK.WT) expiring November 10, 2009 (the\n"November 2009 Warrants") and the common share purchase warrants (Symbol:\nBNK.WT.A) expiring March 1, 2012 (the "March 2012 Warrants") (collectively,\nthe "Warrants") of the Company will be posted for trading at the opening on\nWednesday, July 30, 2008 on a one (1) for three (3) consolidated basis under\nthe trading information set out below:\n\n\nCommon Shares (TSX/AIM):\n-------------------------\nStock Symbol: BNK CUSIP: 066286 30 3 ISIN: CA 0662863038\n\nNovember 2009 Warrants (TSX/AIM):\n---------------------------------\nStock Symbol: BNK.WT/BNKW CUSIP: 066286 13 9 ISIN: CA 0662861396\n\nMarch 2012 Warrants (TSX):\n--------------------------\nStock Symbol: BNK.WT.A CUSIP: 066286 14 7 ISIN: CA 0662861479\n\n\nAs a result of the consolidation, the exercise price of the November 2009\nWarrants has been adjusted so that each November 2009 Warrant will entitle the\nholder to purchase one common share at price of $2.49 per share. The expiry\ndate of the November 2009 Warrants remains at 5:00 p.m. (Calgary time) on\nNovember 10, 2009. In addition, the exercise price of the March 2012 Warrants\nhas been adjusted so that each March 2012 Warrant will entitle the holder to\npurchase one common share at $2.37 per share. The expiry date of the March\n2012 Warrants remains at 4:30 p.m. (Calgary time) on March 1, 2012.\n\n\nPost consolidation, the approximate share capital of the Company will be\nas follows:\n\n\nCommon shares 182,501,262\nNovember 2009 Warrants 3,573,041\nMarch 2012 Warrants 4,911,475\nUnlisted Warrants 1,226,667\nOptions 8,587,186\n ---------------------------------------\nFully diluted 200,839,631\n ---------------------------------------\n ---------------------------------------\n\n\nNo fractional common shares will be issued as a result of consolidation.\nIn the event that a holder would otherwise be entitled to a fractional share,\nthe number of shares issued to such shareholder shall be rounded up to the\nnext greater whole number of shares, if the fractional entitlement is equal to\nor greater than 0.5 and shall, without any additional compensation, be ...