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CIX Split Corp. Announces No Distribution for the Class A Shares for the Month Ending December 31, 2008

TSX Symbol: CXC, CXC.PR.A TORONTO, Dec. 4 /CNW/ - CIX Split Corp. (the "Corporation") announced t...

articleCmx Gold & Silver CorpDecember 4, 20085/company/cmx-gold-and-silver-corp/news/cix-split-corp-announces-no-distribution-for-the-class-a-shares-for-the-month-ending-december-31-2008
CIX Split Corp. Announces No Distribution for the Class A Shares for the Month Ending December 31, 2008

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[{"type":"text","content":"\n\n\n\nTSX Symbol: CXC, CXC.PR.A\n\n\nTORONTO, Dec. 4 /CNW/ - CIX Split Corp. (the "Corporation") announced\ntoday that it was precluded by the terms of the Class A Shares from declaring\na dividend of $0.07 per Class A Share to holders of record as at December 15,\n2008. According to the terms of the Class A Shares, a dividend cannot be paid\nthereon when the net asset value per unit (one Class A Share and one Priority\nEquity Share, together) is equal to or less than $15.00. As of the close of\nbusiness on December 3, 2008, the net asset value per unit was $11.17. A\ndistribution of $0.04167 per Priority Equity Share payable on December 31,\n2008 to shareholders of record as at December 15, 2008 will still be paid.\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":940,"tagName":"div"}]

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