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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 - Eli Eco Logic Inc
Website -

Symbol - ELI.RT
Cusip Number - 28655F 14 7 
Expiry Date - May 7, 1999

Symbol - ELI.RT
Cusip Number - 28655F 12 1 
Expiry Date - April 26 1996
News Releases

1996-03-28 10:34 ET - Rights Offering

Holders of common shares of record as of the close of business on April 3 1996 will be granted one right will be issued for each share held.

Symbol: ELI.RT
Shares trade ex-rights: April 1 1996
Cusip No: 28655F 12 1
Exercise price: 10 rights are exercisable for one share at $8.50
Expiry date: April 26 1996

© 2015 Canjex Publishing Ltd. All rights reserved.

Eli Eco Logic rights offering

1999-04-12 15:00 ET - Rights Offering

TSE Bulletin 99-0450

Holders of common shares (symbol: ELI) of record as of the close of business on April 15, 1999, will be granted one right will be issued for each share held.

Symbol: ELI.RT
Shares trade ex-rights: April 13, 1999
Cusip No: 28655F 14 7
Exercise price: 4 rights are exercisable for one share at $0.35
Expiry date: May 7, 1999

© 2015 Canjex Publishing Ltd. All rights reserved.



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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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