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Message: Preference Shares

Are there any opinions or enlitenment about SCHEDULE "B' Under [ranking] it says...........The Preferance Shares shall be entitled to priority over any other class of shares of the Corporation ranking junior to the Preference Shares in respect of dividends and the return of capital,including, inter alia, the distribution of assets in the event of the liquidation,dissolution or winding-up of the Corporation, whether voluntary or involuntary. ALSO,,,The Preference Shares of any series may also be given such preference,not inconsistant with sections 1.1 to 4.1hereof,over the Subordinate Voting Shares,the Multiple Voting Shares,and/or the Common Shares,as the case may be,and over any other shares ranking junior to the Preference Shares as may be determined in the case of such series of Preference Shares.........There is more but I type slowly.

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Jun 12, 2014 02:38PM
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