Purcell Share Distributions in Exchange for Stanfield ShareholdingsWritten by Super User
There have been delays in this process due to missing paperwork (wills, powers of attorney, etc.) from many shareholders and required time for new mailings both to and from these shareholders. However, we have accelerated this process while using law students to keep costs down and Blakes should be finished processing the share conversions from shareholders' previous Stanfield holdings into Purcell by the end of this week. Blakes will then work with Computershare to create electronic holdings for all the shareholders at Computershare as this will prevent lost share mailings, safety deposit box or other storage fees, and other complications. Computershare will also be starting to offer retirement plan custody and contributions starting in March, and will allow TFSA, RRSP, and other tax sheltered investment options through either new cash investments or in-kind contributions.