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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Bushmills Energy Corp
Website -
Symbol - BSH.RT
Cusip Number - 123198 11 1 
Expiry Date - Oct. 17, 2001
News Releases

Bushmills Energy rights offering

2001-09-13 23:14 ET - Rights Offering

TSE bulletin 2001-1126

Holders of common shares (symbol: BSH) of record as of the close of business on Sept. 19, 2001, will be granted one right for each common share held

Basis of offering: Four rights and the sum of $1.50 being required to subscribe for one additional common share
Shares trade ex-rights: Sept. 17, 2001
Symbol: BSH.RT
Cusip No: 123198 11 1
Rights expire: 4:30 p.m. (Calgary time) on Oct. 17, 2001

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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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