THE INVESTOR'S GUIDE TO WARRANTS:
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on the Fastest Growing Sector of
the Stock Market, Second Edition
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by Andrew McHattie Rating: ISBN-10: 027303751X
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Website -
Symbol - FME.RT
Cusip Number - 34552N 11 8
Expiry Date - July 10, 2003
News Releases
Forest & Marine arranges rights offering
2003-05-30 17:02 ET - Rights Offering
The company will offer to shareholders of record at June 11, 2003, rights to purchase shares of the company. One right will be issued for each share held. As at May 28, 2003, the company had 5,251,734 shares issued and outstanding.
Basis of offering: Four rights and $4.25 are required to purchase one unit
Record date: June 11, 2003
Shares trade ex-rights: June 9, 2003
Rights called for trading: June 9, 2003
Rights trade for cash: July 7, 2003
Rights cease trading: July 10, 2003, at 9 a.m. PST
Rights expire: July 10, 2003
Rights symbol: FME.RT
Rights Cusip No.: 34552N 11 8
Wt exercise price: $5.25
Wt expiry date: May 28, 2004
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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.
