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 - FLG.RT
Cusip Number - 338907 11 6
Expiry Date - August 7 1991
News Releases
1991-07-10 11:26 ET - Rights Called to Trade
Each holder of common shares of the company of record at the close of business on July 17 1991 will be granted rights to subscribe for convertible subordinated debentures of the company, on the basis of one right for each common share held. The rights will be evidenced by certificates issued in registered form and will be transferable by endorsement. The rights are evidenced by fully transferable certificates.
A total of 200 rights will entitle the holder to subscribe for $100 of debentures.
Symbol: FLG.RT
Cusip No: 338907 11 6
Record date: July 17 1991
Subscription basis: $1.00 per $1.00 of debenture issuable in denominations of $100
Expiry date: August 7 1991
Ex-rights: July 11 1991
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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.
