THE INVESTOR'S GUIDE TO WARRANTS:
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Website -
Symbol - TMG.RT
Cusip Number - 883468 11 1
Expiry Date - March 27, 2002
News Releases
Thermal Energy rights offering
2002-02-05 20:45 ET - Rights Offering
The company has announced it will offer to shareholders of record on Feb. 11, 2002, rights to purchase flow-through common shares of the company. One right will be issued for each share held. As at Feb. 4, 2002, the company had 30,343,281 shares issued and outstanding.
Shareholder entitlement: Four rights exercisable for one flow-through share at 40 cents per share
Record date: Feb. 11, 2002
Ex-rights date: Feb. 7, 2002
Rights called for trading: Feb. 7, 2002
Rights trade for cash: March 22, 2002
Expiry date: March 27, 2002
Symbol: TMG.RT
Cusip No: 883468 11 1
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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.
