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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 - First Asset REIT Income Fund
Website -
Symbol - RIT.RT
Cusip Number - 31863J 12 5 
Expiry Date - May 27, 2008
News Releases

First Asset REIT rights offering

2008-04-23 18:49 ET - Rights Offering

TSX bulletin 2008-0438

Rights symbol: RIT.RT
Rights Cusip No.: 31863J 12 5
Unitholder entitlement: One right for each unit held on the record date
Terms of the rights: Three rights plus $10 for one additional unit
Expiry time: 4 p.m. (Toronto time), May 27, 2008
Ex rights date: April 25, 2008
Record date: April 29, 2008

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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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