Canadian Life Companies Split Corp. (the "Company") announces a total of
7,129,099 LFE.WT.A 2013 Warrants were exercised at $12.00 each for total gross
proceeds of $85,549,188 bringing the Company's net assets to approximately $190
million.


For every Warrant exercised, holders received one Preferred Share and one Class
A Share of the Company. The Warrants expired on March 27, 2013. The net asset
value per unit after giving effect to the warrant exercise was $13.03 as at
March 28, 2013.


The proceeds from the Warrant exercise are being used by the Company to invest
in common shares of four Canadian Life Insurance Companies as follows:
Great-West Life, Industrial Alliance, Manulife Financial and Sun Life Financial.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Canadian Life Companies Split Corp.
Investor Relations
416-304-4443 or Toll Free at 1-877-4-Quadra (1-877-478-2372)
www.lifesplit.com
Canadian Life Companies ... (TSX:LFE)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Canadian Life Companies ... Charts.
Canadian Life Companies ... (TSX:LFE)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Canadian Life Companies ... Charts.