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THE INVESTOR'S GUIDE TO WARRANTS:

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Name - Canoro Resources Ltd
Website -
Symbol - CNS.RT
Cusip Number - 137914 11 5 
Expiry Date - June 30, 2010
News Releases

Canoro Resources rights offering

2010-06-11 18:57 ET - Rights Offering

Basis of offering: one right exercisable for one share at 10 cents per share
Record date: June 7, 2010
Shares trade ex rights: June 16, 2010
Rights called for trading: June 16, 2010
Rights trade for cash: June 25, 2010
Rights expire: June 30, 2010
Rights trading symbol: CNS.RT
Rights Cusip No.: 137914 11 5
Authorized jurisdictions: British Columbia, Alberta, Saskatchewan, Manitoba and Ontario

For further details, please refer to the company's rights offering short form prospectus dated May 21, 2010.


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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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