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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 - Rogers Cantel Mobile Communications Inc
Website -
Symbol - RCM.RT
Cusip Number - 775315 11 2 
Expiry Date - April 18, 2001
News Releases

Rogers Wireless to make rights offering

2001-03-12 17:40 ET - Rights Offering

TSE Bulletin 2001-0302

Holders of Class B restricted voting shares (symbol:RCM.B) of record as of the close of business on Friday, March 16, 2001, will be granted one right for each Class B share held and one right for each Class A share held.

Basis of offering: 6.5 rights and the sum of $22.41 being required to subscribe for one additional Class B share
Symbol: RCM.RT
Shares trade ex-rights: March 14, 2001
Cusip: 775315 11 2
Rights Expire: April 18, 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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