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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Website -
Symbol - EQT.RT
Cusip Number - 29459W 12 0
Expiry Date - Feb. 23, 2004
News Releases
Equitech rights offering
2004-01-20 16:40 ET - Rights Offering
Equitech will offer to shareholders of record on Jan. 30, 2004, rights to purchase shares of the company. One right will be issued for each share held. As at Jan. 14, 2003, the company had 6,621,874 shares issued and outstanding.
Basis of offering: Four rights plus 60 cents will entitle the holder to subscribe for three common shares (20c per share) and three full share purchase warrants
Record date: Jan. 30, 2004
Shares trade ex rights: Jan. 28, 2004
Rights called for trading: Jan. 28, 2004
Rights trade for cash: Feb. 18, 2004
Rights expire: Feb. 23, 2004
Rights symbol: EQT.RT
Rights Cusip No.: 29459W 12 0
Warrants expire: 18-month period
Warrants exercise price: 30 cents
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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.
