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Name - Aldershot Resources Ltd 
Address: Suite 1100, 634 – 6th Avenue S.W.
Calgary AB Canada T2P 0S4
Phone: 403 455-7656
Web Site: https://sologrowth.ca/
News Releases

Aldershot Resources rights offering

2018-11-09 15:28 MT - Rights Offering
Summary

Warrants: one warrant for four rights exercised (Each warrant is exercisable at a price of five cents for a period of five years from issuance. The warrants will not be listed for trading.)
Record date: Nov. 15, 2018
Shares trade ex rights: Nov. 14, 2018
Rights called for trading: Nov. 14, 2018
Rights trade for cash: Dec. 12, 2018, at 12 p.m. EST (Trading in the rights shall be for cash for the three trading days preceding the expiry date.)
Rights expire: Dec. 17, 2018
Settlement: Dec. 12, 2018, to settle Dec. 13, 2018; Dec. 13, 2018, to settle Dec. 14, 2018; Dec. 14, 2018, to settle Dec. 17, 2018; Dec. 17, 2018, to settle Dec. 17, 2018
Rights trading symbol: ALZ.RT
Rights Cusip No.: 01435Q 12 1

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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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