Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

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TSX:ZENA - Post Discussion

Zenabis Global Inc. > Shares from exercised rights

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Post by Canuck30 on Nov 28, 2019 11:29am

Shares from exercised rights

Anyone know when the shares from the exercised rights will be in the trading accounts? TD said it may take upto 2 weeks. Doesn't sound right.

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Comment by Florentina on Nov 28, 2019 11:40am

It depends on the broker..some are fast some are slow!

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Comment by Canuck30 on Nov 28, 2019 11:58am

The press release said the rights were oversubscribed. I bought 50000 rights and then exercised them last week, am I guranteed my shares at .15 cents? What do they mean by oversubscribed, i thought only a specific number would be released.

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Comment by Capitulation on Nov 28, 2019 12:01pm

You should have a hockey sock full of shares in your account...congrats..

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Comment by StoneMan45 on Nov 28, 2019 12:15pm

any shares bought thru' the exercise of rights are guaranteed ...it's only the request for shares that are/were available due to any ZENA.RT not being exercised for what ever reason. Anyway, you bought and executed 50,000 ZENA.RT so you will get the 33,333 shares of ZENA at the .15 (ZENA.RT/1.5=ZENA SHARES) It will be those that asked for a specific quantity of any shares left available ...more

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Zenabis Global Inc.