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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 - Central Alberta Well Services Corp
Website -
Symbol - CWC.RT
Cusip Number - 152379 11 1 
Expiry Date - Nov. 30, 2009
News Releases

Central Alberta rights offering

2009-10-23 18:56 ET - Rights Offering

Basis of offering: one right exercisable for 4.855 shares at 25 cents per share
Record date: Nov. 4, 2009
Shares trade ex rights: Nov. 2, 2009
Rights called for trading: Nov. 2, 2009
Rights trade for cash: Nov. 25, 2009
Rights expire: Nov. 30, 2009
Rights trading symbol: CWC.RT
Rights Cusip No.: 152379 11 1
Authorized jurisdictions: British Columbia, Alberta, Saskatchewan and Ontario

For further details, please refer to the company's rights offering circular dated Oct. 20, 2009.

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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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