Global Resource Champions Split Corp.
TSX : GRP.PR.A

Global Resource Champions Split Corp.

September 21, 2016 16:30 ET

Global Resource Champions Split Corp. Announces First Distribution

TORONTO, ONTARIO--(Marketwired - Sept. 21, 2016) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Global Resource Champions Split Corp. (the "Company") (TSX:GRP.PR.A) announced today that it has declared its first distribution on its Class A Preferred Shares, Series 1 (the "Series 1 Shares"). The distribution is equal to C$0.62607 per Series 1 Share for the period from May 6, 2016, to September 30, 2016, and will be paid on or before October 15, 2016, to the holders of record at the close of business on September 30, 2016.

About Global Resource Champions Split Corp.

Global Resource Champions Split Corp. is an investment fund incorporated under the laws of the Province of Ontario. The Company invests in a diversified portfolio of large capitalization resource companies that it believes are best in class. The Company invests in the portfolio in order to generate fixed cumulative quarterly cash distributions for holders of the Company's Series 1 Shares and to enable the holders of the capital shares to participate in any capital appreciation in the securities that comprise the portfolio.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include the factors discussed under "Investment Considerations and Risk Factors" in the final prospectus of the Company dated February 28, 2013. The Company does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

For more information, visit the Company's website at www.globalchampions.com and its issuer profile at www.sedar.com.

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