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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 - Brompton Split Banc Corp
Website -
Symbol - SBC.RT
Cusip Number - 11221E 11 7 
Expiry Date - April 10, 2006
News Releases

Brompton Split Banc rights offering

2006-03-07 13:48 ET - Rights Offering

TSX bulletin 2006-0253

Rights symbol: SBC.RT
Rights Cusip No.: 11221E 11 7
Shareholder entitlement: One right for each Class A share held on the record date
Terms of the rights: One right plus $26.10 for one unit
Expiry time: 3:30 p.m. (Toronto time), April 10, 2006
Ex rights date: March 9, 2006

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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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