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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 - Catalyst Paper Corp
Website -
Symbol - CTL.RT
Cusip Number - 14888T 11 2 
Expiry Date - April 7, 2008
News Releases

Catalyst Paper rights offering

2008-03-05 19:41 ET - Rights Offering

TSX bulletin 2008-0272

Rights symbol: CTL.RT
Cusip number for rights: 14888T 11 2
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: 1.285 rights plus 75 cents for one subscription receipt expiry
Expiry Time: 5 p.m. (Toronto time), April 7, 2008
Ex rights date: March 7, 2008
Record date: March 11, 2008

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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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