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
Quick Links:
Back to Home Page Back to Rights News Sheets Back to Expired Rights
Website -
Symbol - MWA.RT
Cusip Number - 582905 15 4
Expiry Date - May 3, 2002
News Releases
McWatters rights offering
2002-04-02 15:35 ET - Rights Offering
TSE bulletin 2002-0373
Symbol: MWA.RT
Cusip No: 582905 15 4
Shareholder entitlement: One right for each common share held (on a postconsolidatedbasis) on the record date after giving effect to the plan of compromise and arrangementpursuant to the Companies' Creditors ArrangementAct (Canada) and the Companies Act (Quebec)
Terms of the rights: 16,416 rights entitles the holder to subscribe for $1,000 principal amount of gold-linked unsecured convertible debentures of the company at a price of $1,000
Expiry time of the rights: 5 p.m. (Toronto time), May 3, 2002
Ex-rights date: April 4, 2002
Record date: April 8, 2002
© 2015 Canjex Publishing Ltd. All rights reserved.
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.
