Post by
Ivorygull on Nov 13, 2020 4:35pm
Great Bear Royalty shares at RBC
For those of you with RBC Direct, I'm curious to know if the rights offering shares you got, have now been purchased (assuming you have paid for them) and are in your holdings with the shares you already have in the royalty company.
Mine are still separate in the Rights and Warrents area of my holdings as if they haven't yet been bought, yet I advised them about two weeks ago now that I wanted to buy them, and I have the money in my account to do so. I understand that the additional shares that I wanted won't be availalbe until after the 27th, since they have no idea how many there will be at this time, but find it odd that they haven't 'bought' my rights shares yet and moved them in with the existing shares.
Anyone else like this?
Comment by
turugby on Nov 13, 2020 4:58pm
I exercised my rights on Nov. 2 - at least I think i did - the money to pay was in the account to pay - also applied for more - dealing with TD - which is not fun - so far no action in my account - and the money is still there - the not fun with TD is trying to get thru to them -
Comment by
Ivorygull on Nov 13, 2020 5:48pm
Thanks turugby. Yea I spoke to a broker with RBC and they took my instructions but there is nothing in writing, so with the fact that the rights ones are still not bought, I'm just thinking, what if they don't go and buy them and the 27th passes. It's probably normal, I'd just hate to be told later that they forgot.
Comment by
skiesthelimit on Nov 13, 2020 9:17pm
Who I spoke to, told me to have the funds in place on the 26th that it closes on the 27th. You won't see the shares in your account till after closing. Have the funds ready to go by the 26th and you will receive your shares. I'm still hoping to get my 20 k extra I asked for, fingers crossed.