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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - EnerMark Income Fund
Website -
Symbol - EIF.RT
Cusip Number - 292957 11 5 
Expiry Date - Feb. 26, 1999
News Releases

EnerMark Income Fund rights offering

1999-02-02 11:41 ET - Rights Offering

TSE Bulletin 99-0133

Holders of trust units of Enermark Income Fund of record as of the close of business on Thursday, Feb. 4, 1999 will be granted the right to subscribe for one additional trust unit for every
five units of the fund held on such record date at a subscription price of $2.45 per unit. The rights are evidenced by transferable rights certificates registered in the names of holders of units of record on the record
date on the basis of one right for each unit held, .

Symbol: EIF.RT
Shares trade ex-rights: Feb. 2, 1999
Rt exercise price: Five rights and $2.45 for one additional unit
Cusip No: 292957 11 5
Rt expiry date: Feb. 26, 1999

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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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