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How is my share capital retired?

OREC plans to retire a shareholder’s capital by redeeming Class A shares at their par value or $500. Since the shares are redeemed at their par value, there is no capital gain or loss and there is no need to maintain an Adjusted Cost Base. The capital will be paid out as cash. Each time that shares are redeemed the new share balance will be reflected in the member’s annual statement.

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