THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize
on the Fastest Growing Sector of
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by Andrew McHattie Rating: ISBN-10: 027303751X
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Website -
Symbol - EXS.RT
Cusip Number - 30215D 11 7
Expiry Date - Feb. 7, 2014
News Releases
Explor Resources rights offering
2013-12-20 18:39 ET - Rights Offering
Basis of offering: Two rights will be issued for each share held. One right is exercisable for one share at 10 cents per share.
Record date: Jan. 7, 2014
Shares trade ex rights: Jan. 3, 2014
Rights called for trading: Jan. 3, 2014
Rights trade for cash: Feb. 4, 2014
Rights cease trading: Feb. 7, 2014, at 12 p.m. EST
Rights expire: Feb. 7, 2014, at 5 p.m. EST
Trade dates:
Feb. 4, 2014, to settle Feb. 5, 2014;
Feb. 5, 2014, to settle Feb. 6, 2014;
Feb. 6, 2014, to settle Feb. 7, 2014;
Feb. 7, 2014, to settle Feb. 7, 2014.
Rights trading symbol: EXS.RT
Rights Cusip No.: 30215D117
Authorized jurisdictions: British Columbia, Alberta, Saskatchewan, Ontario and Quebec
For further details, please refer to the company's rights offering prospectus dated Dec. 18, 2013.
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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.
