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
no time to read, try audiobooks
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Website -
Symbol - TBP.RT
Cusip Number - 878927 11 0
Expiry Date - September 30 1997
News Releases
1997-08-25 18:45 ET - Rights Offering
The ASE has been advised that the company has issued rights to the holders of its issued and outstanding common shares of record at the close of business on August 29 1997. Shareholders of the company will receive one right for each common share held. The rights offering circular has been cleared in Alberta, BC and Ontario only.
Rt symbol: TBP.RT
Rt security code: ISM - 834 783
Shares trade ex-rights: August 27 1997
Rt Cusip No: 878927 11 0
Rt exercise price: 267 rights and $100 to purchase one unit consisting of a $100 principal amount of a 6% redeemable convertible unsecured debenture and 33 common share purchase warrants.
Rt expiry date: September 30 1997
Cash trading date: September 26 1997
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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.
