Key points
- The rights trade on the Toronto Stock Exchange under the symbol NUS.RT.
- One right was issued for each common share outstanding as of the close of business on March 1, 2016.
- Each right is exercisable to acquire 1.541329 common shares at a subscription price of 15 cents per full common share.
- The rights will cease trading on the TSX at 9 a.m. Vancouver time on April 6, 2016.
NAUTILUS MINERALS ANNOUNCES PENDING EXPIRY OF RIGHTS OFFERING
Further to its news release dated Feb. 23, 2016, regarding the company’s rights offering, Nautilus Minerals Inc. wishes to remind shareholders that the rights, which are trading on the Toronto Stock Exchange under symbol NUS.RT, will expire and cease to be exercisable at 2 p.m. (Vancouver time) on Wednesday, April 6, 2016.
Shareholders in the eligible offering jurisdictions are urged to contact their brokers or financial advisers well in advance of the expiry date.
The company has issued one right for each common share outstanding as of the close of business on March 1, 2016. Each right is exercisable to acquire 1.541329 common shares of the company upon payment of the subscription price of 15 cents per full common share. Fractional shares will not be issued, and all fractions will be rounded down to the nearest whole number.
The rights will cease trading on the TSX at 9 a.m. (Vancouver time) on April 6, 2016.
