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
no time to read, try audiobooks
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Website -
Symbol - FAP.RT
Cusip Number - Q38547 17 2
Expiry Date - June 15, 1999
News Releases
First Australia Prime rights offering
1999-05-18 23:36 ET - Rights Offering
TSE Bulletin 99-0611
Holders of ordinary shares of record as of the close of business on May 21, 1999, will be granted one right for each ordinary share held. Each unit consists of one ordinary share and one ordinary share purchase warrant.
The Toronto Stock Exchange has conditionally approved the listing of warrants issuable on exercise of the rights following completion of the rights offering, subject to meeting all requirements of the exchange including
distribution of the warrants to a minimum number of public holders. A further bulletin will be issued if and when the warrants are to be listed.
Symbol: FAP.RT
Trade ex-rights: May 19, 1999
Cusip No: Q38547 17 2
Rt exercise price: Eight rights and the sum of $9.65 being required to subscribe for one unit
Rt expiration date: June 15, 1999
Wt expiry date: June 15, 2001
Wt exercise price: $10.20
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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.
