New Commerce Split

New Commerce Split

February 24, 2011 11:31 ET

New Commerce Split: Warrant Expiry (YCM.WT)

TORONTO, ONTARIO--(Marketwire - Feb. 24, 2011) - New Commerce Split Corp. (TSX:YCM)(TSX:YCM.PR.A)(TSX:YCM.PR.B) (the "Company") advises holders of 2011 warrants that the expiry date for exercise of the warrants is February 28, 2011 at 4:00 p.m. (Eastern Time). Warrants entitle the holders to purchase a unit of the Company at a price of $10. The current net asset value of the Company is approximately $10.65. Assuming full exercise of all warrants, the net asset value would be approximately $10.42. Holders are advised to provide instructions to exercise to their agent prior to expiry.

The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.

Contact Information

  • New Commerce Split Corp.
    Investor Relations
    416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)