TedskiIn your example I am assuming you have 600,000...

Tedski
In your example I am assuming you have 600,000 renounceable rights and want to sell 500,000 rights leaving you with 100,000 rights which you pay $5500.00 to ICG then those 100,000 shares will have the 2 options numbering 33,333 each. You could apply for 400,000 shares under the shortfall provisions and if successful there would be 1 ST and 1 LT option for every 3 new shares purchased. Short answer is yes. There is a possibility that the CR may be fully subscribed and then you may miss out on the additional shares. Hope this is of assistance.
Cheers Rob