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 - MAL.RT
Cusip Number - 558912 12 7
Expiry Date - Sept. 21, 2004
News Releases
Magellan rights offering
2004-08-23 19:28 ET - Amalgamation
TSX bulletin 2004-0962
Rights symbol: MAL.RT
Rights Cusip No.: 558912 12 7
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: Seven rights plus $2.75 for one additional common share
Expiry time: 4 p.m. (Toronto time), Sept. 21, 2004
Ex rights date: Aug. 25, 2004
Record date: Aug. 27, 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.
