Circo Craft

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Name - Circo Craft
Website - Click to add

Warrant Symbol - CCC.WT
Number  Trading -
2,350,000
Expiration Date -
Cusip - 
17273P 11 6
Warrants called to trade news:

 

New issue of warrants and additional listing of common shares

 

1993-04-20 07:20 MT - Miscellaneous

The Montreal exchange reports

Additional common shares of the company and 2,350,000 warrants to purchase common shares will be listed on the exchange at the close of business on April 19 1993 and will be admitted to trading on an if, as and when issued basis, at the opening of business on April 20 1993.

The common shares and warrants will be admitted to trading on a regular basis after confirmation that the closing of the distribution, scheduled for April 20 1993, has taken place.

The common shares and the warrants will be issued to the public by way of a prospectus dated April 5 1993 in the form of units. The price per unit is $6.125 and each unit consists of one common share and one-half of a warrant. Certificates evidencing the common shares and separate certificates evidencing the warrants will be available for delivery at the closing of the offering.

Of the 4,700,000 common shares included in the units offered, 2,000,000 common shares constitute a new issue by the company and 2,700,000 common shares are being sold by way of a secondary distribution by the selling shareholders. Of the 2,350,000 warrants included in the units offering, 1,350,000 warrants will entitle the holders to acquire newly issued common shares and 1,000,000 warrants will entitle the holders to acquire common shares already outstanding and deposited by the selling shareholders with the warrant agent for that purpose.

Furthermore, 1,350,000 additional common shares shall be reserved for issuance upon exercise of the warrants.

If the primary distribution has not been completed on April 20 1993, members must trade on the exchange the warrants and the common share which have already been distributed to the public and members of the banking and selling groups must complete off the exchange all sales which form part of the primary distribution under the prospectus of April 5 1993. In this connection, they will be exempted from the provisions of article 6004 of the bylaws of the exchange which require that all trading in listed securities be done on the exchange.

 

Symbol:  CCC.WT

Cusip No:  17273P 11 6