RE:,,,,,,,,,,,,,,,RIGHTs........Will start TRADING.............Red_Deer wrote: Will be INTERESTING to see @ What Price OUR Rights will BE later this week eh ????
Likely will Only be a Few PENNIES__as 10 Rights ARE NEEDED in order to GET 1 share @ 4.70
For example with the Current Price @ 4.90__the Rights should Trade @ 2.0 Cents.
The Rights will trade on the Toronto Stock Exchange under the symbol "III.RT" commencing on May 27, 2021 and will trade until 9:00 a.m. (Pacific Time) on June 25, 2021. The Rights will expire at 2:00 p.m. (Pacific Time) on June 25, 2021 (the "Expiry Time"), after which time unexercised Rights will be void and of no value. Shareholders who fully exercise their Rights will be entitled to subscribe pro rata for additional Common Shares (the "Additional Common Shares") in the Rights Offering, if available, as a result of unexercised Rights prior to the Expiry Time, subject to certain limitations set out in the Rights Offering Circular (the "Additional Privilege").
As USUAL__the BIG BOYZ Forced Share PRICE Down to 4.77__THUS the Warrants WILL
Likely TRADE @ 1.0 Cents @ Opening ToMorrow.
BUT__and AGAIN As USUAL__ALL Retail Investors Will NOT Be ABLE to TRADE__as their
RIGHTS will NOT Show UP in THEIR ACCOUNTS for a FEW DAYS.__and By THAT TIME
We WILL BE Lucky to Get EVEN a HALF CENT for OUR Rights !!!!
This IS the WAY Every RIGHTs Issue HAS Turned OUT For ME in the Past 3 Decades !!!!