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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
   by Andrew McHattie   Rating: ISBN-10: 027303751X

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Name - Astral Mining Corp
Website -
Symbol - AA.RT
Cusip Number - 046349 12 2 
Expiry Date - Oct. 5, 2009
News Releases

Astral Mining rights offering

2009-08-24 16:18 ET - Rights Offering

Basis of offering: 2,576,951 rights exercisable for one unit at 25 cents per unit
Record date: Thursday, Sept. 3, 2009
Shares trade ex rights: Tuesday, Sept. 1, 2009
Rights called for trading: Tuesday, Sept. 1, 2009
Rights trade for cash: Oct. 2, 2009; trading in the rights shall be for cash for the three trading days preceding the expiry date
Rights expire: Oct. 5, 2009
Rights trading symbol: AA.RT
Rights Cusip No.: 046349 12 2

Authorized jurisdiction(s): British Columbia, Alberta, Saskatchewan, Manitoba and Ontario

A TSX Venture Exchange bulletin will be issued to list and trade the share purchase warrants upon expiry of the rights offering and evidence that satisfactory distribution has been filed with the exchange.


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Explanation

Rights

Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right.  It  gives the stockholders the first opportunity,  to buy the new securities.

Rights issue

An offer made by a  company to its shareholders to enable them to buy new shares in the company at a discount to the market price.

 

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