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THE INVESTOR'S GUIDE TO WARRANTS:

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Name - Trilon Financial Corp
Website -
Symbol - TTC.RT
Cusip Number - 895903 17 7 
Expiry Date - October 17 1994
News Releases

1994-09-12 17:59 ET - Rights Offering

The company has announced it will offer to shareholders of record at September 19 1994 rights to purchase shares of the company. One right will be issued for each class A share held. Two rights and $3.80 are required to purchase one unit, each unit consisting of one class A share or, if a holder so elects, one class B non-voting share of Trilon and one exchange right granted by Branscan Limited. The offer will expire October 17 1994.

Offering: Two rights exercisable for one unit at $3.80. The units will be separated into the Trilon shares and the exchange rights
Record date: September 19 1994
Trade ex-rights: September 13 1994
Rts trade date: September 13 1994
Cash trade date: October 7 1994
Rts expire: October 17 1994
Trading symbol: TTC.RT
Security No: Tba
Cusip No: 895903 17 7

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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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