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 - DS.RT
Cusip Number - 255380 12 3
Expiry Date - Nov. 3, 2014
News Releases
Dividend Select 15 rights offering
2014-08-19 18:07 ET - Rights Offering
Dividend Select 15 Corp. will grant shareholders of record at the close of business on Monday, Aug. 25, 2014, rights to purchase more shares, according to the Toronto Stock Exchange. The TSX reports the company will issue one right for each share held on the record date.
Four rights will entitle the holder to buy one Dividend Select share for $10.32. The company plans to use the net proceeds from the offering, expected to be $19,429,456, to acquire additional securities in accordance with its investment objectives.
Shares trade ex rights: Thursday, Aug. 21, 2014
Rights trade for cash: Trades completed on Oct. 29, 2014, will be for special settlement on Oct. 31, 2014, Oct. 30 and Oct. 31, 2014, will settle on the next business day in cash. All trades completed to 12 p.m. (Toronto time) on Nov. 3, 2014, will settle on the same day in cash.
Rights Expire: Nov. 3, 2014
Rights symbol: DS.RT
Cusip No: 255380 12 3
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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.
