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Name - Cencotech Inc
Website -
Symbol - CTZ.RT
Cusip Number - 150938 11 6 
Expiry Date - Feb. 15, 2006
News Releases

Cencotech rights offering

2006-01-04 16:35 ET - Rights Offering

Basis of offering: two rights exercisable for one share at 10 cents

Record date: Jan. 16, 2006
Shares trade ex-rights: Jan. 12, 2006
Rights called for trading: Jan. 12, 2006
Rights trade for cash: Feb. 10, 2006
Rights expire: Feb. 15, 2006
Rights trading symbol: CTZ.RT
Rights Cusip No.: 150938 11 6

For further details, please refer to the company's rights offering circular dated Dec. 19, 2005.


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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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