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 - BSC.RT
Cusip Number - 10963H 11 4
Expiry Date - Nov. 24, 1998
News Releases
1998-10-23 16:53 ET - Rights Offering
The company will offer to shareholders of record on Nov. 3, 1998, rights to purchase shares of the company. One right will be issued for each share held. As at Oct. 21, 1998, the company had 19,490,488 shares issued and outstanding.
Rt trade for cash: Nov. 19, 1998
Shares trade ex-rights: Oct. 30, 1998
Rt expiry date: Nov. 24, 1998
Rt exercise price: Five rights and 15 cents are required to purchase one share
Rt trading symbol: BSC.RT
Rt Cusip No: 10963H 11 4
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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.
