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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 - Northfield Inc.
Website -
Symbol - NFM.RT
Cusip Number -  666136 11 4
Expiry Date - April 20, 2000
News Releases

Northfield rights offering

2000-03-23 13:23 ET - Rights Offering

TSE Bulletin 2000-0384

Holders of common shares as of the close of business on March 30, 2000, will be granted one right for each common share held.

Basis of offering: Four rights and the sum of five cents being required to subscribe for one additional common share
Symbol: NFM.RT
Shares trade ex-rights: March 28, 2000
Cusip: 666136 11 4
Rt expiry date: April 20, 2000

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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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