RE: RE: RVXCF
Here's another confirmation. I wanted an e-mail response from RVX for the record and for future reference, if it ever was needed.
I e-mailed Sarah last night asking for clarification of the RVX/RVXCF situation as it relates to US investors and the spin-out. Her response is below.
As an aside, I, too, hold shares in a Schwab account here in the US. Like expattrader, I talked to the guys on their global desk who deal in this stuff all day long. They said that on-line orders (which I use) are routed through the global desk directly to the Toronto Exchange and shares are bought there by Schwab and entered into my account with the CF attached denoting a foreign security. Exchange rates continually affect price. They said there should be no problem with the spinout since these are Toronto Exchange issued shares. CUSIP numbers also match as they should.
Here is Sarah's response:
Please check the CUSIP number on your share certificate. If it is 761-28M 108 then you hold valid TSX shares eligible for the spin-out.
Thank you,
Sarah
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All mine match that number.