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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi,

I currently own CANEXUS CORPORATION CONV.UNSEC SUB SER V DEBS 12/31/20 6.0000. With the takeover of Canexus by Chemtrade I tendered my bonds to CHE and then time passed and nothing happened. When I contacted my broker iTrade they sent me the following from the CHE website:

The final report provided by the depositary at the expiration of the Offers indicated that an aggregate principal amount of
C$19,475,000 CEI Series V Debentures had been tendered to the Series V Offer and an aggregate principal amount of C$12,576,000
CEI Series VI Debentures had been tendered to the Series VI Offer. Accordingly, as the conditions to the Offers had not been
satisfied as of the expiration time of the Offers, Chemtrade will not accept any tendered CEI Debentures for payment. All CEI
Debentures tendered pursuant to the Offers will be returned to the tendering debentureholder.***

So, where does this leave me as a Canexus bond holder and is there anything I should do or do things just continue as before?

Please advise.

Thanks

Sheldon
Read Answer Asked by Sheldon on October 10, 2017
Q: Awhile back you suggested for my daughter age. 27 the following ..50% VCN,30% VFV,15% XIN and VEE 5%. . IS this still recommended as she has some more funds to invest.and only wants ETF's .Happy Thanksgiving Paul
Read Answer Asked by Paul on October 10, 2017
Q: Good Day,

Assuming that one holds the view that the junior mining space will see greater activity in the next few months/years, and assuming that you do not wish to hold individual positions, but would rather have broader exposure to the sector in general, is there any CDN vehicle other than ZJG that you would recommend?

Thanks
Read Answer Asked by Robert on October 10, 2017
Q: Hello all at 5i,

Could you comment on the message that the strategic review sends out - "We the management have little faith in our own business model" is the message I hear. I know that you believe there is still value in the underlying assets and I too am of that opinion. I will benefit from your more considered views.

Thanks
Mike
Read Answer Asked by mike on October 10, 2017
Q: What do you think of switch Inc? Would you buy today or wait?
New ipo today.
Thank you.
John.
Read Answer Asked by John on October 06, 2017
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