Name - Noranda Forest Inc
Symbol - NF.RT
Cusip Number - 65542L 11 9
Expiry Date -
1991-07-11 17:22 MT - Rights Called to Trade
Further to the VSE notice dated July 12 1991, the trading symbol, security number and Cusip number for the company's rights are as follows:
Rts trading symbol: NF.RT
Rts Security No: 834294
Rts Cusip No: 65542L 11 9
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.