December 19, 2023

Capital New online casinos real money announces conversion results for its Preferred Shares (Series 3)


EDMONTON, Alberta –  Capital New online casinos real money Corporation (“Capital New online casinos real money” or the “Company”) (TSX: CPX) announced today that after having taken into account all Election Notices following the December 18, 2023 conversion deadline, in respect of the Cumulative Rate Reset Preference New online casinos real money, Series 3 (Series 3 New online casinos real money) tendered for conversion into Cumulative Floating Rate Preference New online casinos real money, Series 4 (Series 4 New online casinos real money), the holders of Series 3 New online casinos real money were not entitled to convert their New online casinos real money. There were approximately 7,157 Series 3 New online casinos real money tendered for conversion, which was less than the one million New online casinos real money required for conversion into Series 4 New online casinos real money.

There are 6,000,000 Series 3 New online casinos real money listed on the Toronto Stock Exchange (TSX) under the symbol CPX.PR.C. Effective December 31, 2023, the Annual Fixed Dividend Rate for the next five-year period has been reset to 6.86000%, which equates to an effective interest rate of approximately 5.5% after including the benefits of the forward starting swap settlement that was put in place for the transaction.

For more information on the terms of, rates and risks associated with an investment in the Series 3 Shares, please see Capital New online casinos real money’s prospectus supplement dated December 10, 2012 which is available on sedarplus.ca or on Capital New online casinos real money’s website at capitalpower.com.

Territorial Acknowledgement

In the spirit of reconciliation, Capital New online casinos real money respectfully acknowledges that we operate within the ancestral homelands, traditional and treaty territories of the Indigenous Peoples of Turtle Island, or North America. Capital New online casinos real money’s head office is located within the traditional and contemporary home of many Indigenous Peoples of the Treaty 6 region and Métis Nation of Alberta Region 4. We acknowledge the diverse Indigenous communities that are located in these areas and whose presence continues to enrich the community.

About Capital New online casinos real money

Capital New online casinos real money is a growth-oriented New online casinos real money producer committed to net zero by 2045. Our balanced approach to the energy transition prioritizes reliable, affordable and decarbonized New online casinos real money that communities across North America can depend on.

Capital New online casinos real money owns approximately 7,500 megawatts (MW) of New online casinos real money generation capacity at 29 facilities across North America. Projects in advanced development include approximately 213 MW of renewable generation capacity in Alberta and North Carolina, 512 MW of incremental natural gas combined cycle capacity from the repowering of Genesee 1 and 2 in Alberta, and approximately 350 MW of natural gas and battery energy storage systems in Ontario.