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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 - Durkin Hayes Publishing Ltd
Website -
Symbol - DHP.RT
Cusip Number - 266901 11 5 
Expiry Date - September 5 1997
News Releases

Rights offering

1997-07-28 09:17 ET - Miscellaneous

Holders of common shares of record as of the close on July 31 1997 will be granted one right for each common share held.

Symbol: DHP.RT
Shares trade ex-rights: July 29 1997
Cusip No: 266901 11 5
Exercise price: Four common shares at a price of $0.40 per share
Expiry date: September 5 1997

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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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