Brascan Announces Commencement Of Trading Of Preference Shares In Connection With Offer For Trilon.Business Editors TORONTO--(BUSINESS WIRE)--May 24, 2002 Brascan Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension , NYSE NYSE See: New York Stock Exchange - BNN BNN Boston Neighborhood Network BNN Boundary Network Node (IBM) BNN Back-Propagation Neural Network BNN Biological Neural Network BNN Bart's Neverending Network (public-service TV network in The Netherlands) .A/BNN) announced today that the Class A Preference Shares Series 11 issued in connection with the acquisition of Trilon Class A and B Shares under the terms of the Offer will commence trading on TSX effective May 28, 2002 under the symbol BNN. PR.I. The number of Preference Shares to be issued has been increased to 896,004 from the previously announced number of 626,369 as a result of additional requests by shareholders to receive preferred shares in lieu of cash in accordance with the terms of the Offer. Brascan owns, manages and builds businesses that generate sustainable cash flows. Current operations are largely in the real estate, financial and power generation sectors. Total assets exceed $22 billion and include 55 commercial properties and 32 power generating facilities. In addition, Brascan holds investments in the resource sector. Brascan is listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol BNN.A and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol BNN. |
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