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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Website -
Symbol - BL.RT.E
Cusip Number - 105502 12 4
Expiry Date - October 2 1995
News Releases
1994-10-17 21:02 ET - Rights Called to Trade
The exchange rights of Brascan Limited will be posted for trading on October 18 1994. The Brascan exchange rights have been issued pursuant to a rights offering by Trilon Financial and Brascan.
Five Brascan exchange rights will entitle the holder to exchange five Trilon class A shares or five Trilon class B non-voting shares (for a combination totalling five) for one class A share of Brascan commencing September 1 1995 to 4:00 pm . The exchange rights are governed by the terms of an exchange right indenture dateed September 19 1994 between Brascan, Trilon and the R-M Trust Company, as trustee. The exchange right indenture provides for appropriate adjustments to be made to the rights of the holders of exchange rights in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.
Rt trading symbol: BL.RT.E
Rt Cusip No: 105502 12 4
Exercise price:
Expiry date: October 2 1995.
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Canadian Exchanges News
Canadian Securities Exchange News
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.
