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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Website -
Symbol - RUS.RT
Cusip Number - 781903 11 7
Expiry Date -
News Releases
1997-11-25 12:55 ET - Rights Offering
Holders of class A common shares and class B common shares (together, the common shares) of record as of 5:00 pm (Toronto time) on November 28 1997 will be granted the right to subscribe for one common share of Tri-White Corporation for every common share of the company held on the record date at a subscription price of $1.40 per Tri-White share. The rights will be issued by way of dividend and will be evidenced by transferable rights certificates registered in the names of the holders of common shares of record on the record date on the basis of one right for each common share held, one right and the sum of $1.40 being required to subscribe for one Tri-White common share. The rights will expire at 4:30 pm (Toronto time) on December 19 1997.
The TSE has conditionally approved the listing of the Tri-White common shares subject to fulfilling all of the requirements of the exchange including receipt of evidence of satisfactory distribution on or before February 19 1998.
Symbol: RUS.RT
Shares trade ex-rights: November 26 1997
Cusip No: 781903 11 7
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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.
