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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 - Clarion Environmental Technologies Inc
Website -
Symbol - CL.RT
Cusip Number - 18052C 11 0 
Expiry Date - May 1 1995
News Releases

1995-03-17 18:04 ET - Rights Offering

The company has announced it will offer to shareholders of record at March 30 1995 rights to purchase shares of the company. One right will be issued for each share held.

Rts symbol: CL.RT
Shares trade ex-rights: March 24 1995
Exercise Price: Four rights and $0.80 are required to purchase one unit, each unit consisting of one share and one series A share purchase warrant
Rights expire: May 1 1995
Rts security No: 834213
Rts cusip No: 18052C 11 0

Wt symbol: CL.WT.A
Wt security No: 842365
Wt Cusip No: 18052C 20 1
Series A warrants expiry date: May 1 1996
Series A warrants exercise price: Two series A share purchase warrants and $1.00
Unit security No: 842365

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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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