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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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Name - Westshore Terminals Income Fund
Website -
Symbol - WTE.RT
Cusip Number - 960911 11 3 
Expiry Date - March 1, 2007
News Releases

Westshore Terminals rights offering

2007-01-25 20:34 ET - Rights Offering

TSX bulletin 2007-0113

Rights symbol: WTE.RT
Cusip No.: 960911 11 3
Shareholder entitlement: One right for each fund unit held on the record date
Terms of the rights: 36 rights plus $10.45 for one additional fund unit
Expiry time: 4 p.m. (Toronto time), March 1, 2007
Ex rights date: Jan. 31, 2007
Record date: Feb. 2, 2007

Terms not otherwise defined herein are as defined in the rights offering circular dated Feb. 2, 2007.

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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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