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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 - Etruscan Enterprises Ltd.
Website -
Symbol - EET.RT
Cusip Number - 29786L 11 0 
Expiry Date - March 11, 1987
News Releases

1987-02-05 03:00 ET - Rights Offering

The company has announced it will offer to shareholders of record on February 15, 1987 rights to purchase shares of the company.

Basis of offering: Five rights exercisable for one share at $0.60per share
Record date: February 16, 1987
Shares trade x-rt: February 10, 1987
Rt trade for cash: March 11, 1987
Rt trading symbol: EET.RT
Rt security No: 834254
Rt Cusip No: 29786L 11 0

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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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