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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: Buckey who wrote (1852)5/10/1999 6:56:00 PM
From: BLZBub  Read Replies (1) of 6016
 
The rights are trading with the common shares, until separation is triggered as specified in the NR (see below). You have therefore traded your rights away with any shares that you sold last Friday.

"The rights are not exercisable until separation time,
whereupon the rights will separate from the common shares and trade
independently. Separation time occurs on the eighth trading day from the
earlier of i) the acquisition by a party, other than pursuant to a permitted
bid, of 20% or more of outstanding and issued Global Thermoelectric common
shares and ii) the date of announcement of intent to make a takeover bid other
than a permitted bid."
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