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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Communication Systems International Inc
Website -
Symbol - CSY.RT
Cusip Number - 20338L 11 2 
Expiry Date - March 14, 2000
News Releases

Communication Systems Int'l rights offering

2000-02-15 12:04 ET - Rights Offering

TSE Bulletin 2000-0181

Holders of common shares of record as of the close of business on Feb. 18, 2000, will be granted one right for each common share held.

Basis of offering: Four rights and the sum of $1.60 being required to subscribe for one additional common share
Symbol: CSY.RT
Shares trade ex-rights: Feb. 16, 2000
Cusip: 20338L 11 2
Rt expiry date: March 14, 2000

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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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