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Name - Leisure Canada Inc
Website -
Symbol - LCN.RT
Cusip Number - 524911 13 8 
Expiry Date - July 6, 2011
News Releases

Leisure Canada rights offering

2011-05-27 16:39 ET - Rights Offering

Basis of offering: Four rights exercisable for one share at 12 cents per share
Record date: June 9, 2011
Shares trade ex rights: June 7, 2011
Rights called for trading: June 7, 2011
Rights trade for cash: June 30, 2011 (Trading in the rights shall be for cash for the three trading days preceding the expiry date.)
Rights expire: July 6, 2011
Rights trading symbol: LCN.RT
Rights Cusip No.: 524911138
Authorized jurisdictions: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Nunavut, Northwest Territories, and Yukon

For further details, please refer to the company's rights offering circular dated May 25, 2011.

© 2015 Canjex Publishing Ltd. All rights reserved.



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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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