MACCs warrant distribution on Aug. 27
2007-08-21 18:02 MT - Dividend Declared
TSX bulletin 2007-1198
Warrant symbol: MYT.WT.A
Cusip for warrants: 55266Q 12 1
Unitholder entitlement: One warrant for each unit held on the record date
Terms of the warrants: One warrant plus $8 for one unit
Expiry time: 5 p.m. (Toronto time), Dec. 13, 2007
Ex warrants date: Aug. 23, 2007
Record date: Aug. 27, 2007
Designated market-maker: Canaccord Capital Corp.
Transfer agent and registrar: Computershare Trust Co. of Canada at its principal office in Toronto
Holders of trust units of record as of the close on Monday, Aug. 27, 2007, will be issued warrants, on the basis of one warrant for each unit held, to subscribe for and purchase one unit for each unit held on such record date at a subscription price of $8 per unit. A total of 1,140,946 warrants will be issued. The warrants are fully transferable and will be evidenced by a global warrant certificate registered in the name of CDS Clearing and Depository Services Inc. or its nominee. The warrants will expire at 5 p.m. (Toronto time) on Dec. 13, 2007. Warrants not exercised by the expiry time will be void and of no value.
The units will commence trading on an ex warrant basis at the open on Thursday, Aug. 23, 2007, at which time the warrants will be posted for trading on a when-issued basis.
Registration of interests in and transfers of the warrants and units will be made only through the CDS book-based system. On or about Aug. 27, 2007, the trust will deliver to CDS a global warrant certificate evidencing the total number of warrants issued hereunder. Warrants must be exercised and transferred and units must be purchased, transferred and surrendered for retraction or redemption through a CDS participant. Each unitholder holds its units through a CDS participant and therefore will not receive physical certificates evidencing its ownership of warrants. The trust expects that each beneficial unitholder will receive a confirmation of the number of warrants issued to it from its CDS participant in accordance with the practices and procedures of that CDS participant. CDS will be responsible for establishing and maintaining book-entry accounts for its participants holding warrants.
The warrants of the trust represented by the global warrant certificate are issued upon the terms and subject to the conditions set forth in the trust's prospectus and the warrant indenture between the trust and Computershare Trust Co. of Canada, both dated Aug. 10, 2007, and provide for appropriate adjustments to the warrants in the event of distributions, subdivisions, consolidations and other forms of capital reorganization.
Investors should contact their broker for information or advice on their investment.
