Name - MediSolution Ltd 

    Website -

    Symbol - MSH.RT

    Cusip Number - 58500N 11 0

    Expiry Date - May 31, 2002

    News Releases

 

MediSolution rights offering

 

2002-05-03 16:05 MT - Rights Offering

TSE bulletin 2002-0500

 

Symbol:  MSH.RT

Cusip No:  58500N 11 0

Shareholder entitlement:  One right for each common share held on therecord date

Terms of the rights:  One right entitles the holder thereof to 1.5415common shares at a price of 25 cents per share

Expiry time:  4 p.m. (Toronto time), May 31, 2002

Ex-rights date:  May 6, 2002

Record date:  May 8, 2002

Designated market-maker:  P. Romain, Canaccord Capital Corp.

 

 



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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