Website - http://www.inco.com/
Warrant Symbol - N.WT
Number Trading - 11.9 million
Expiration Date - Aug. 21, 2006
Cusip - 453258 13 9
Warrants called to trade news:
Inco warrants called to trade on Dec. 15
2000-12-06 12:11 ET - Warrants Called to Trade
TSE bulletin 2000-1663
A maximum of 11.9 million common share purchase warrants of the company will be posted for trading at the opening on Friday, Dec. 15, 2000.
Stock symbol: N.WT
Cusip: 453258 13 9
Market-maker: H. Brasil, Hampton Securities Ltd.
Other markets: The New York Stock Exchange
The warrants will be issued pursuant to a redemption of all the Class VBN shares of the company and a warrant agreement dated as of Dec. 1, 2000. See the Toronto Stock Exchange bulletin 2000-1664 dated Dec. 6, 2000, for details on the redemption of the Class VBN shares of the company. Each whole warrant will entitle the holder to purchase one common share at a price of $30.00 (or the U.S. dollar equivalent) at any time prior to 5 p.m. (Toronto time) on Aug. 21, 2006.
The warrants will be governed by the terms of a warrant agreement dated as of Dec. 1, 2000, between the company and CIBC Mellon Trust Company as the warrant agent. The warrant agreement provides for appropriate adjustments to be made to the rights of the holders of warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.