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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 - cars4U.com Ltd
Website -
Symbol - CFU.RT
Cusip Number - 14574N 12 2 
Expiry Date - Dec. 4, 2000
News Releases

cars4U.com rights offering

2000-11-06 15:24 ET - Rights Offering

TSE Bulletin 2000-1477

Holders of common shares of record as of the close of business on Nov. 9, 2000, will be granted one right for each common share held.

Basis of offering: Four rights and the sum of 60 cents for one additional common share
Symbol: CFU.RT
Ex-rights date: Nov. 7, 2000
CUSIP: 14574N 12 2
Rights expire: Dec. 4, 2000

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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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