Replies to post #27124 on OU''s Trading Corner (OTC)/ Now CDN Stocks and US

[originunknown]

Horizons BetaPro funds to split, consolidate shares

2009-09-02 17:37 ET - News Release

See News Release (C-HND) Horizons BetaPro NYMEX Natural Gas Bear Plus

Mr. Martin Fabregas reports

BETAPRO MANAGEMENT INC. ANNOUNCES UNIT SPLIT AND CONSOLIDATION

BetaPro Management Inc. intends to split or consolidate units of Horizons BetaPro NYMEX Natural Gas Bear Plus ETF and Horizons BetaPro NYMEX Natural Gas Bull Plus ETF.

Unit split

After the Toronto Stock Exchange has closed for trading on Tuesday, Sept. 15, 2009, the units of HND will be split on the basis of the ratio set out, and will begin trading on a split-adjusted basis on Wednesday, Sept. 16, 2009, with the split to become effective on Sept. 18, 2009, for unitholders of record on that date.

ETF Ticker Split ratio

Horizons BetaPro NYMEX
Natural Gas Bear Plus ETF HND 2:1

Unit consolidation

After the TSX has closed for trading on Tuesday, Sept. 15, 2009, the units of HNU will be consolidated on the basis of the ratio set out, and will begin trading on a consolidated basis on Wednesday, Sept. 16, 2009, the effective date of the consolidation.


ETF Ticker Consolidation
ratio
Horizons BetaPro NYMEX
Natural Gas Bull Plus ETF HNU 1:5