TORONTO, ONTARIO--(Marketwire - Aug. 23, 2011) - Global 45 Split Corp. (the "Company") announces that all of the Company's outstanding Class A Shares (TSX:GFV - News) and Preferred Shares (TSX:GFV.PR.A - News) will be redeemed as scheduled on September 30, 2011 (the "Termination Date") in accordance with the redemption provisions of the shares. Accordingly, the Class A Shares and Preferred Shares will no longer be listed on the Toronto Stock Exchange at the close of business on September 28, 2011.Payment of the redemption prices will be paid on or about October 5, 2011 (the "Payment Date") to the beneficial holders of such shares through CDS Clearing and Depository Services Inc. Shareholders need not take any action to receive the final redemption proceeds.The Company also announces that the holders of record of Preferred Shares on September 30, 2011 will be paid a quarterly distribution of $0.13125 per Preferred Share for the quarter-ending September 30, 2011. Class A Shareholders will not receive any further distributions before the Termination Date.The redemption price payable by the Company for a Preferred Share will be equal to the lesser of (A) $10.00 and (B) the net asset value of the Company (the "NAV") on September 30, 2011 divided by the number of Preferred Shares then outstanding, plus the Preferred Share distribution noted above. The redemption price payable by the Company for a Class A Share will be equal to the NAV per Unit on September 30, 2011 minus $10.00. For the purposes of calculating NAV per Unit on September 30, 2011, the Preferred Share distribution of $0.13125 will be deducted.