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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

 

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Name - Morguard Real Estate Investment Trust
Website -
Symbol - MRT.RT
Cusip Number - 617914 11 4 
Expiry Date - Jan. 31, 2001
News Releases

Morguard rights offering

2000-12-28 19:01 ET - Rights Offering

TSE bulletin 2000-1773

Holders of units as of the close of business on Jan. 4, 2001, will be granted one right for each unit held.

Basis of offering: Eight rights and the sum of $8 being required to subscribe for one additional unit
Symbol: MRT.RT
Trade ex-rights: Jan. 2, 2001
Cusip: 617914 11 4
Rt expiry date: Jan. 31, 2001

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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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