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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 - MedcomSoft Inc
Website -
Symbol - MSF.RT
Cusip Number - 583939 11 1 
Expiry Date - Feb. 9, 2005
News Releases

MedcomSoft rights offering

2005-01-11 20:04 ET - Rights Offering

TSX bulletin 2005-0032

Rights symbol: MSF.RT
Rights Cusip No.: 583939 11 1
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: Five rights plus 50 cents for one unit (as described below).
Expiry time: 4 p.m. (Toronto time), Feb. 9, 2005
Ex rights date: Jan. 13, 2005
Record date: Jan. 17, 2005

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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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