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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 - Bell Canada International Inc
Website -
Symbol - BI.RT
Cusip Number - 077914 11 7 
Expiry Date - Jan. 11, 2002
News Releases

Bell Canada rights offering

2001-12-12 20:59 ET - Rights Offering

TSE bulletin 2001-1536

Symbol: BI.RT
Cusip No: 077914 11 7
Shareholder entitlement: One right for each common share heldon the record date
Terms of the rights: 17.95 rights plus $100 for one unit
Expiry time: 4 p.m. (Montreal time), Jan. 11, 2002
Ex-rights date: Dec. 14, 2001
Record date: Dec. 18, 2001

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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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