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
no time to read, try audiobooks
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Website -
Symbol - PUG.RT.A
Cusip Number - 745911 13 1
Expiry Date - April 9 1998
News Releases
1998-03-13 05:14 ET - Rights Offering
The TSE advises that holders of common shares of record as of the close of business on March 18 1998 (the record date) will be granted one right for each common share held. Each unit will be comprised of one common share and one half of one series D warrant (the warrant). The warrants will be issued pursuant to a warrant indenture to be dated as of March 6 1998 between the company and Montreal Trust Company of Canada.
The units will separate upon issuance.
Symbol: PUG.RT.A
Shares trade ex-rights: March 16 1998
Cusip No.: 745911 13 1
Rt expiry date: April 9 1998
Rt exercise price: Eight rights and the sum of $1.00 for one unit
Wt expiry date: October 9 1998
Wt exercise price: $1.25
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Canadian Exchanges News
Canadian Securities Exchange News
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.
