Business: Capital Power Corp., Cumulative Rate Reset Preference Shares, Series 5, liquidation preference $25 Canadian dollars per share, redeemable at the issuer's option on or after 06/30/2018 at $25 Canadian dollars per share plus accrued and unpaid dividends, and with no stated maturity. <p> Cumulative distributions of 5.238% per annum ($1.3095 Canadian dollars per annum or $0.327375 Canadian dollars per quarter) will be paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the record date fixed by the board (NOTE: the ex-dividend date is one business day prior to the record date). After 09/30/2016 The Dividend Rate will be equal to the sum of the Government of Canada Yield of a Canadian dollar denominated non-callable Government of Canada 5 year maturity bond on the applicable fixed rate calculation date plus 3.15% (see prospectus for more details). <p> On 06/30/2018 and every June 30th in every fifth year there after the holder will have the right to convert their Series 5 shares into Capital Power Corp Cumulative Floating Rate Preference Shares, Series 6 (see prospectus for more details). In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred