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CIX Split Corp. Announces Distribution for Month Ending December 31, 2007

TSX Symbol: CXC, CXC.PR.A TORONTO, Nov. 30 /CNW/ - CIX Split Corp. (the "Corporation") announced...

articleCmx Gold & Silver CorpNovember 30, 20075/company/cmx-gold-and-silver-corp/news/cix-split-corp-announces-distribution-for-month-ending-december-31-2007
CIX Split Corp. Announces Distribution for Month Ending December 31, 2007

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[{"type":"text","content":"\n\n\n\nTSX Symbol: CXC, CXC.PR.A\n\n\nTORONTO, Nov. 30 /CNW/ - CIX Split Corp. (the "Corporation") announced\ntoday a distribution for the month ending December 31, 2007 of $0.04167 per\nPriority Equity Share and $0.0875 per Class A Share payable on December 31,\n2007 to unitholders of record as at December 15, 2007.\n\n\nThe Corporation's investment objectives for the Priority Equity Shares\nare to provide shareholders with tax-efficient fixed cumulative preferential\nmonthly cash distributions in the amount of $0.04167 per Priority Equity Share\nto yield approximately 5.0% per annum on the original issue price and on or\nabout January 31, 2011 to pay to the holders of Priority Equity Shares the\noriginal issue price of the Priority Equity shares.\n\n\nThe Corporation's investment objectives for the Class A Shares are to\nprovide holders of Class A Shares with regular tax-efficient monthly cash\ndistributions targeted to be $0.0875 per Class A Share to yield 7.0% per annum\non the original issue price and on or about January 31, 2011, to pay to the\nholders of Class A Shares at least the original issue price of the Class A\nShares.\n\n\nThe Corporation's Priority Equity Shares and Class A Shares are listed on\nthe Toronto Stock Exchange under the symbol CXC.PR.A and CXC respectively.\n\n\n","length":1368,"tagName":"div"}]

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