Name - Constellation Copper Corp
Symbol - CCU.RT
Cusip Number - 21036T 11 8
Expiry Date - Aug. 23, 2002
Constellation rights offering
2002-07-26 18:07 MT - Rights Offering
TSE bulletin 2002-0839
Cusip No: 21036T 11 8
Shareholder entitlement: One right for each common share held on therecord date
Terms of the rights: Four rights plus eight cents for one additional commonshare
Expiry time of the rights: 4 p.m. (Vancouver time), Aug. 23, 2002
Ex-rights date: July 30, 2002
Record date: Aug. 1, 2002
Designated market-maker: C. Fimis, National Bank Financial Inc.
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.
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.