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Name - Diagnos Inc 
Website - http://www.diagnos.ca
Symbol - ADK.RT
Cusip Number - 252442 12 4 
Expiry Date - Sept. 12, 2016
News Releases

Diagnos rights offering

2016-07-21 15:33 MT - Rights Offering
Summary

Basis of offering: One right will be issued for each common share held. Two rights are exercisable for one common share at four cents per share.
Record date: July 28, 2016
Shares trade ex rights: July 26, 2016
Rights called for trading: July 26, 2016
Rights trade for cash: Sept. 7, 2016, trading in the rights shall be for cash for the three trading days preceding the expiry date
Rights expire: Sept. 12, 2016, 5 p.m. EDT
Trade dates:
Sept. 7, 2016, to settle Sept. 8, 2016;
Sept. 8, 2016, to settle Sept. 9, 2016;
Sept. 9, 2016, to settle Sept. 12, 2016;
Sept. 12, 2016, to settle Sept. 12, 2016.
Rights trading symbol: ADK.RT
Rights Cusip No.: 252442 12 4

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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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