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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 - Ceramic Protection Corp
Website -
Symbol - CEP.RT
Cusip Number - 156917 11 4 
Expiry Date - Jan. 14, 2000
News Releases

Ceramic rights offering

1999-12-15 17:12 ET - Rights Offering

The company has announced it will offer to shareholders of record on Dec. 21, 1999, rights to purchase shares of the company. One right will be issued for each share held. As at Dec. 15, 1999, the company had 5,530,600 shares issued and outstanding.

Basis of offering: Four rights exercisable for one share at 35 cents
Record date: Dec. 21, 1999
Shares trade ex-rights: Dec. 17, 1999
Rt trading date: Dec. 17, 1999
Rights trade for cash: Jan. 12, 2000
Rt expiry date: Jan. 14, 2000
Rt trading symbol: CEP.RT
Rt Cusip No: 156917 11 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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