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 - THO.RT
Cusip Number - 88545N 11 4
Expiry Date - March 18, 2002
News Releases
ThoughtShare Feb. 6 bulletin correction
2002-02-07 19:33 ET - Rights Offering
Accordingly, the CDNX bulletin of Feb. 6, 2002, should have read as follows:
The company has announced it will offer to shareholders of record at Feb. 15, 2002, rights to purchase shares of the company. One right will be issued for every 10 common shares held. One right and 17 cents are required to purchase one unit, each unit consisting of one share and one-half of one share purchase warrant. One whole share purchase warrant and 30 cents entitle the buyer to purchase one share of the company up to six months after the record date. As at Sept. 30, 2001, the company had 55,351,773 shares issued and outstanding.
Basis of offering: One right exercisable for one unit at 17 cents per unit
Record date: Feb. 15, 2002
Pay date: March 18, 2002
Shares trade ex-rights: Feb. 13, 2002
Rights called for trading: Feb. 13, 2002
Rights trade for cash: March 13, 2002
Rights cease trading: March 18, 2002, 9 a.m. PST
Rights expire: March 18, 2002, 1:30 p.m. PST
Rights symbol: THO.RT
Rights Cusip No: 88545N 11 4
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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.
