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Name - GT Canada Medical Properties REIT
Website -
Symbol - MOB.RT
Cusip Number - 36190R 13 8 
Expiry Date - April 24, 2012
News Releases

GT Canada Medical rights offering

2012-03-20 16:33 ET - Rights Offering

Basis of offering: Four rights exercisable for one trust unit at $1.15 per trust unit
Record date: March 30, 2012
Shares trade ex rights: March 28, 2012
Rights called for trading: March 28, 2012
Rights trade for cash: April 19, 2012 (Trading in the rights shall be for cash for the three trading days preceding the expiry date.)
Rights expire: April 24, 2012
Settlement:
April 19, 2012, to settle April 20, 2012
April 20, 2012, to settle April 23, 2012
April 23, 2012, to settle April 24, 2012
April 24, 2012, to settle April 24, 2012
Rights trading symbol: MOB.RT
Rights Cusip No.: 36190R 13 8
Authorized jurisdictions: Alberta, British Columbia, Saskatchewan, Manitoba, Ontario, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Yukon Territory, Northwest Territories, and Nunavut

For further details, please refer to the company's rights offering circular dated March 9, 2012.

© 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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