Magellan Aerospace Corporation – Rights Offering Oversubscribed
Toronto, Ontario – September 22, 2004 – Magellan Aerospace Corporation (TSX-MAL) is pleased to announce that the rights offering which expired at 4:00 pm on Tuesday, September 21, 2004, resulted in an oversubscription. As a result, the maximum number of 11,337,568 common shares available pursuant to the rights offering will be issued. The net proceeds […]