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THE INVESTOR'S GUIDE TO WARRANTS:

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Name - DCS International Systems Corp
Website -
Symbol - DCI.RT
Cusip Number - 232918 11 0 
Expiry Date - August 7 1990
News Releases

1990-06-25 15:29 ET - Rights Offering

The company will offer to shareholders of record July 5 1990, rights to purchase shares of the company. One right will be issued for each share held.

Basis of offering: Three rights exercisable for one unit at $0.75 per unit
Record date: July 5 1990
Shares trade x-rt: June 28 1990
Rt called for trade: June 28 1990
Rt trade for cash: July 30 1990
Rt expire: August 7 1990
Rt trading symbol: DCI.RT
Rt security No: 834220
Rt Cusip No: 232918 11 0

Wt expire: February 7 1991
Wt exercise price: $0.85 to February 7 1991
Wt trading symbol: DCI.WT
Wt security No: 884001
Wt Cusip No: 232918 12 8

Unit security No: 842580

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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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