Business News • MarketWire • Pine River Capital Management Announces Acquisition of Warrants of S Split Corp. |
Pine River Capital Management Announces Acquisition of Warrants of S Split Corp. |
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Pine River Capital Management Announces Acquisition of Warrants of S Split Corp.
TORONTO, ONTARIO--(Marketwire - Oct. 8, 2010) - Pine River Capital Management LP ("Pine River") announced the acquisition today by one of its funds of 481,000 warrants of S Split Corp. (TSX:SBN) ("SBN") representing approximately 12.26% of the total issued warrants of SBN. The warrants were acquired on the TSX for investment purposes. Each warrant may be exercised to purchase one unit comprised of one Class A share of SBN and one preferred share of SBN. Upon purchase of the units, Pine River would own 481,000 Class A shares of SBN, representing 12.29% of the outstanding Class A shares and 481,000 preferred shares of SBN, representing 12.29% of the outstanding preferred shares.
View More : http://www.marketwire.com/mw/release.do?id=1331957&sourceType=3
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