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Name - Village Farms Income Fund
Website -
Symbol - VFF.RT
Cusip Number - 92707W 20 1 
Expiry Date - Dec. 21, 2006
News Releases

Village Farms rights offering

2006-11-15 20:34 ET - Rights Offering

TSX bulletin 2006-1509

Rights symbol: VFF.RT
Rights Cusip No.: 92707W 20 1
Unitholder entitlement: One right for each unit held on the record date
Terms of the rights: 1.953125 rights plus $2.76 for one additional unit
Expiry time: 4 p.m. (Toronto time), Dec. 21, 2006
Ex rights date: Nov. 21, 2006
Record date: Nov. 23, 2006

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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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