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Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Caspian Energy Inc
Website -
Symbol - CEK.RT
Cusip Number - 147664 12 2 
Expiry Date - May 23, 2008
News Releases

Caspian Energy rights offering

2008-04-21 19:58 ET - Rights Offering

TSX bulletin 2008-0429

Rights symbol: CEK.RT
Rights Cusip No. for rights: 147664 12 2
Securityholder entitlement: One right for each common share held on the record date
Terms of the rights: Six rights plus 25 cents for one unit, each unit comprises one common share and one-half of one warrant, one whole warrant entitling the holder to acquire one common share at an exercise price of 45 cents until 5 p.m. (Toronto time) on the earlier of: May 23, 2011; 30 calendar days following notice by the company that the closing price of the common shares on the Toronto Stock Exchange for any 20 consecutive days exceeded 75 cents.
Expiry time: 5 p.m. (Toronto time) on May 23, 2008
Ex rights date: April 23, 2008
Record date: April 25, 2008

Terms not otherwise defined herein are as defined in the rights offering circular dated April 15, 2008.

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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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