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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Trailmobile Canada Ltd
Website -
Symbol - TMX.RT
Cusip Number - 89286P 11 0 
Expiry Date - Aug. 31, 2001
News Releases

Trailmobile Canada rights offering

2001-08-03 18:13 ET - Rights Offering

TSE Bulletin 2001-0963

Holders of common shares of record as of the close Aug. 10, 2001, will be granted one right for each common share held.

Basis of offering: Four rights and the sum of nine cents being required to subscribe for one additional common share
Symbol: TMX.RT
Shares trade ex-rights: Aug. 8, 2001
Cusip: 89286P 11 0
Rights expire: 4 p.m. (Toronto time) on Aug. 31, 2001

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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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