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Warrants Alert
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THE INVESTOR'S GUIDE TO WARRANTS:

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 - Columbia Gold Mines Ltd
Website -
Symbol - COB.RT
Cusip Number - 19766K 11 7 
Expiry Date - May 3 1990
News Releases

1990-03-23 18:33 ET - Rights Offering

The company has announced it will offer to shareholders of record April 3 1990 rights to purchase shares of the company.

Basis of offering: Five rights exercisable for one unit at $0.80 per unit. Each unit consists ofone share and one A warrant.
Record date: April 3 1990
Shares trade x-rt: March 28 1990
Unit security No: 842443

Rt called for trade: March 28 1990
Rt trade for cash: May 3 1990
Rt expire: May 3 1990
Rt trading symbol: COB.RT
Rt security No: 834234
Rt Cusip No: 19766K 11 7

Wt trading symbol: COB.WT.A
A warrants expire: May 3 1991
A wt exercise price: $1.00
Wt trading symbol: COB.WT.A
Wt security No: 882390
Wt Cusip No: 19766K 12 5

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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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