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Name - Antioquia Gold Inc
Address: 1000 - 250 2nd St SW
Calgary AB Canada T2P 0C1
Phone: 403 260 5383 Fax: 403 260 5384
Web Site: http://www.antioquiagoldinc.com
News Releases

Antioquia Gold rights offering

2018-04-19 15:33 MT - Rights Offering
Summary

Basis of offering: 4.84347 rights to be issued for each share held; one right exercisable for one share at 4.2 cents per share
Record date: April 26, 2018
Shares trade ex rights: April 25, 2018
Rights called for trading: April 25, 2018
Rights trade for cash: May 24, 2018 at 12 p.m. EST (Trading in the rights shall be for cash for the two trading days preceding the expiry date.)
Rights expire: May 28, 2018, at 5 p.m. EST; May 24, 2018, to settle May 25, 2018; May 25, 2018, to settle May 28, 2018; May 28, 2018, to settle May 28, 2018
Rights trading symbol: AGD.RT
Rights Cusip No.: 037180114

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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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