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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 - AIC Global Financial Split Corp
Website -
Symbol - ASC.RT
Cusip Number - 00133Q 11 0 
Expiry Date - Jan. 19, 2007
News Releases

AIC Global Financial rights offering

2006-12-05 20:58 ET - Rights Offering

TSX bulletin 2006-1608

Rights symbol: ASC.RT
Cusip number for rights: 00133Q 11 0
Shareholder entitlement: One right for each Class A share held on the record date
Terms of the rights: Four rights plus $25.00 for one unit. Each unit consists of one Class A share and one preferred share.
Expiry time: 4 p.m. (local time at the place of exercise) on Jan. 19, 2007
Ex rights date: Dec. 8, 2006
Record date: Dec. 12, 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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