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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 - Saskatchewan Wheat Pool
Website -
Symbol - SWP.RT
Cusip Number - 803914 11 8 
Expiry Date - May 24, 2005
News Releases

Saskatchewan Wheat Pool rights offering

2005-04-18 19:04 ET - Rights Offering

TSX bulletin 2005-0428

Rights symbol: SWP.RT
Rights Cusip No.: 803914 11 8
Shareholder entitlement: One right for each common share held on the record date.
Terms of the rights: One right entitles the holder thereof to acquire 1-1/3 common shares at a price of $3.21 per share.
Expiry time: 5 p.m. (Toronto time) on May 24, 2005
Ex rights date: April 20, 2005
Record date: April 22, 2005

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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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