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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 - Coscient Group Inc
Website -
Symbol - CST.RT
Cusip Number - 22112D 12 6 
Expiry Date - Dec. 1, 1998
News Releases

1998-10-27 07:44 ET - Rights Offering

TSE Bulletin 98-1618

Holders of class A multiple voting shares of record as of the close of business on Oct. 30, 1998, one right will be issued for each share held.

Symbol: CST.RT
Shares trade ex-rights: Oct. 28, 1998
Rt exercise price: Four rights and t$4.95 for one additional class A share
Cusip No: 22112D 12 6
Rt expiry date: Dec. 1, 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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