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Name - Estrella International Energy Services Ltd
Website -
Symbol - EEN.RT
Cusip Number - 29758W 12 8 
Expiry Date - June 8, 2013
News Releases

Estrella International rights offering

2013-04-26 16:59 ET - Rights Offering

Basis of offering: 0.5989529 of a right is exercisable for one share at five cents per share
Record date: May 8, 2013
Shares trade ex rights: May 6, 2013
Rights called for trading: May 6, 2013
Rights trade for cash: June 5, 2013
Rights expire: Saturday, June 8, 2013
TRADE DATES
June 5, 2013 -- to settle -- June 6, 2013
June 6, 2013 -- to settle -- June 7, 2013
June 7, 2013 -- to settle -- June 10, 2013
June 10, 2013 -- to settle -- June 10, 2013
Rights trading symbol: EEN.RT
Rights Cusip No.: 29758W 12 8
Authorized jurisdiction(s): Alberta, Ontario, British Columbia

For further details, please refer to the company's rights prospectus dated April 22, 2013.



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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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