RE: RE: RE: RE: RE: Effective date You are right! My apologies for my previous mistake. Here is the excerpt from the arrangment circular about the use of the Due Bill procedure:
"The TSX has determined that the Due Bill trading procedure will be used in connection with the distribution of the Newco Shares to Resverlogix Shareholders pursuant to the Arrangement. As a result of the use of Due Bills, any Resverlogix Shareholder who purchases their Resverlogix Shares on the TSX in the period two days prior to the Distribution Record Date up to and including the payment date of the Newco Shares issuable pursuant to the Arrangement will be entitled to receive the Newco Shares. Any trades that are executed during this period will be automatically flagged to ensure that such purchasers receive the entitlement to the Newco Shares and the sellers do not. See “Procedure for the Receipt of Newco Shares - Information Concerning Due Bills”