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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

 

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Name - Blue Tree Wireless Data Inc
Website -
Symbol - BTW.RT
Cusip Number - 09606W 12 4 
Expiry Date - Dec. 16, 2005
News Releases

Blue Tree Wireless rights offering

2005-11-09 16:57 ET - Rights Offering

Basis of offering: One right will be issued for each share held. Six rights are exercisable for one unit at 15 cents per unit.
Record date: Nov. 18, 2005
Shares trade ex rights: Nov. 16, 2005
Rights called for trading: Nov. 16, 2005
Rights trade for cash: Dec. 13, 2005
Rights cease trading: Dec. 16, 2005, at 12 p.m. EST
Rights expire: Dec. 16, 2005, at 4:30 p.m. EST
Rights Symbol: BTW.RT
Rights Cusip No.: 09606W 12 4

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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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