These warrants were issued in September to Capital Uniholders and allow the purchase of a Whole Unit at 41.57, which may be compared to the March 10 NAV of 43.45.
Newgrowth has announced:
that it will be hosting an investor update conference call on Thursday, March 17, 2011, with Brian McChesney, President and CEO of Scotia Managed Companies Administration (the “Administrator”).
The conference call will provide an update on the Company’s portfolio and performance.
Investors and investment advisors are reminded that the Fund currently has warrants outstanding which expire on March 31, 2011 at 5:00 p.m. (Toronto time). Note that investment dealers may have deadlines earlier than March 31, 2011.
Conference Call
Thursday, March 17, 2011 at 2:00 p.m. (EST)
Featuring Brian McChesney, President and CEO of the Administrator
Dial-in Numbers: 416-695-7806 or 1-888-789-9572
Passcode: 2572843#A replay of the conference call will be available at 905-694-9451 or 1-800-408-3053, passcode 2456065#.
Each warrant entitles the holder to purchase one Unit, each Unit consisting of one Capital Share and one Preferred Share, for a subscription price of $41.57 per Unit. The warrants are listed on the Toronto Stock Exchange under the ticker symbol NEW.WT.
NEW.PR.C is not tracked by HIMIPref™.
[…] have added NEW.PR.C to the HIMIPref™ database, as the soon to expire warrant offering is in the money and can be expected to increase the number of shares – and hence the Average […]