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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 - Cirque Energy Corp
Website -
Symbol - CQU.RT
Cusip Number - 172935 11 6 
Expiry Date - July 3, 1998
News Releases

1998-06-09 17:55 ET - Rights Called to Trade

The ASE has been advised that the company is issuing rights to the holders of its issued common shares of record at the close of business on June 10, 1998. Holders will receive one right for each share held. The rights offering circular has been cleared in Alberta and Ontario only.

Rt symbol: CQU.RT
Shares trade ex-rights: June 10, 1998
Rt security code: 834 001
Rt Cusip No: 172935 11 6
Exercise price: Eight rights and $2.55 to purchase one share
Rt expiry date: July 3, 1998
Cash trading date: June 30, 1998

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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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