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Name - Canada's Choice Spring Water Inc
Website -
Symbol - CHW.RT
Cusip Number - 135308 11 2 
Expiry Date - March 20, 2002
News Releases

Canada's Choice rights to list on CDNX March 7

2002-03-06 19:37 ET - Rights Offering

The company will offer to shareholders of record on Feb. 14, 2002, rights to purchase shares of the company. Four rights will be issued for each common share held. As at Feb. 14, 2002, the company had 46,601,312 shares issued and outstanding.

Basis of offering: One right exercisable for one share at five cents per share
Record date: Feb. 14, 2002
Shares trade ex-rights: March 7, 2002
Rights trade for cash: March 18, 2002
Rights cease trading: 12 p.m. (EST) on March 20, 2002
Rights expire: 4:30 p.m. (EST) on March 20, 2002
Rights symbol: CHW.RT
Rights Cusip No: 135308 11 2

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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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