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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 - First Capital Realty Inc
Website -
Symbol - FCR.RT
Cusip Number - 31943B 11 8 
Expiry Date - April 10, 2002
News Releases

First Capital rights offering

2002-03-11 20:03 ET - Rights Offering

TSE bulletin 2002-0294

Symbol: FCR.RT
Cusip No: 31943B 11 8
Shareholder entitlement: One right for each common share held onthe record date
Terms of the rights: 1.25 rights plus five cents for one warrant
Expiry time: April 10, 2002
Ex-rights date: March 13, 2002, at the open
Record date: March 15, 2002, at the close

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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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