Canadian Warrants

Stone Agribusiness units, warrants to separate April 14
 
2008-04-10 17:25 MT - Miscellaneous
TSX bulletin 2008-0394
Further to Toronto Stock Exchange bulletin 2008-0306, dated March 17, 2008, which describes an initial public offering of units of Stone Agribusiness Fund, the redeemable transferrable trust units and the trust unit purchase warrants comprising the units will trade separately commencing at the open on Monday, April 14, 2008, at which time the units will be delisted.
Under the trading information set out below:
 
8,624,222 trust units will be listed of which 4,312,111 trust units will be issued and outstanding, and 4,312,111 trust units will be reserved for issuance;
Warrants to purchase 4,312,111 will be listed, all of which will be issued and outstanding.
 
Unit symbol:  HAY.UN
Cusip No.:  861574 10 1
Trading currency:  Canadian dollars
Warrants symbol:  HAY.WT
Cusip No.:  861574 11 9
Trading currency:  Canadian dollars
Designated market-maker:  Hampton Securities Ltd.
Transfer agent and registrar for trust units:  Computershare Investor Services Inc. at its principal offices in Toronto
Transfer agent and registrar for warrants:  Computershare Trust Co. of Canada at its principal offices in Toronto
 
Unitholders need not take any action with respect to receiving the trust units and warrants upon separation of the units. Registration of interests in and transfers of the trust units and warrants shall be made through the book-based system operated by CDS Clearing and Depository Services Inc. Transfers of ownership of trust units or warrants will be effected through records maintained by CDS participants. Certificates evidencing trust units or warrants will be issued on request for transfer of ownership.
Additional information on the trust units and warrants may be found in the final prospectus dated Feb. 28, 2008, which is available at www.sedar.com. Capitalized terms not otherwise defined are as defined in the prospectus.
 
Warrants: Each whole warrant entitles the holder to purchase one trust unit at a subscription price of $10 per trust unit on Feb. 26, 2010, prior to 5 p.m. (Toronto time). Warrants may only be exercised on Feb. 26, 2010, and warrants not exercised on that date will be void and of no value. Warrants are governed by the terms of the warrant indenture dated as of Feb. 28, 2008, between the company and Computershare Trust Co. of Canada as warrant agent. The warrant indenture provides for appropriate adjustments to the rights of holders of warrants in the event of stock dividends, subdivisions, consolidations or other forms of capital reorganization.
 
 
Warrant exercise fee:  Upon exercise of a warrant, the fund will pay a fee equal to 15 cents per warrant to the registered dealer whose client is exercising the warrant and 10 cents per warrant to the agents.