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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
 by Andrew McHattie   Rating: ISBN-10: 027303751X

 

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Name - First Asset/BlackRock NA Dividend Achievers Trust
Website -
Symbol - BDA.RT
Cusip Number - 31862R 11 0 
Expiry Date - Nov. 22, 2007
News Releases

First Asset/BlackRock NA Dividend rights offering

2007-10-24 17:37 ET - Rights Offering

TSX bulletin 2007-1492

Rights symbol: BDA.RT
Rights Cusip No.: 31862R 11 0
Unitholder entitlement: One right for each unit held on the record date
Terms of the rights: Four rights and $9 per unit.
Expiration time: 4 p.m. (local time), Nov. 22, 2007
Ex rights date: Oct. 26, 2007.
Record date: Oct. 30, 2007

Additional information on the rights offering may be found in the fund's rights offering circular dated Oct. 18, 2007, which is available at www.sedar.com.


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Explanation

Rights

Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right.  It  gives the stockholders the first opportunity,  to buy the new securities.

Rights issue

An offer made by a  company to its shareholders to enable them to buy new shares in the company at a discount to the market price.

 

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