The Toronto Stock Exchange reports that Greenfirst Forest Products Inc. is issuing one right per common share held as at the close on Nov. 7, 2024. According to the TSX, one right will entitle the holder to subscribe for one share of Greenfirst upon the payment of a subscription price of $5.47. The designated market-maker is Citadel Securities Canada ULC.
The rights will begin trading at the open on Nov. 7, 2024, under the symbol GFP.RT and with Cusip No. 39526C 11 4. At the same time, the shares will trade ex rights.
Trading in the rights will end at 12 p.m. Toronto time on Dec. 11, 2024. The rights will expire at 5 p.m. Toronto time on Dec. 11, 2024, and will be delisted at the close on the same day. Trades from the open to 12 p.m. Toronto time on Dec. 11, 2024, will settle on the same day.
The TSX has issued a separate bulletin regarding the substitutional listing of Greenfirst common shares.
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