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
no time to read, try audiobooks
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Website -
Symbol - DVN.RT
Cusip Number - 251905 12 1
Expiry Date - December 15 1995
News Releases
1995-11-21 18:57 ET - Rights Offering
The company will offer to shareholders of record as at November 24 1995 rights to purchase shares of the company. One right will be issued for each share held.
Symbol: DVN.RT
Shares trade ex-rights: November 22 1995
Security code: ISM - 834 318; WCCC - 834 235
Cusip No: 251905 12 1
Exercise price: 693 rights and $100 to purchase one unit consisting of $100 principal amount of 7.5% redeemable convertible subordinated debentures and 25 warrants. One warrant entitles the holder to purchase one common share for $2 on or before December 31 1997.
Expiry date: December 15 1995
Cash trading date: December 13 1995
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Canadian Exchanges News
Canadian Securities Exchange News
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.
