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Warrants Alert


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 - Clifton Star Resources Inc
Website -
Symbol - CFO.RT
Cusip Number - 18713J 12 4 
Expiry Date - July 5 1990
News Releases

1990-05-31 17:52 ET - Rights Offering

The company has announced it will offer to shareholders of record at June 11 1990 rights to purchase shares of the company. One right will be issued for each share held.

Basis of offering: One right exercisable for one unit at $0.58 per unit
Record date: June 11 1990
Rt trade x-rt: June 5 1990
Rt called for trade: June 5 1990
Rt trade for cash: June 27 1990
Rt expire: July 5 1990
Rt trading symbol: CFO.RT
Rt security No: 834229
Rt Cusip No: 18713J 12 4

A wt expire: January 2 1991
A wt exercise: $0.58
Wt trading symbol: Tba
Wt Security No: Tba
Wt Cusip No: Tba

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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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