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
no time to read, try audiobooks
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Website -
Symbol - FBR.RT
Cusip Number - 358901 11 4
Expiry Date - April 19 1991
News Releases
1991-03-11 18:31 ET - Rights Offering
The company will offer to shareholders of record at March 20 1991, rights to purchase shares of the company. One right will be issued for each share held.
Basis of offering: Six rights exercisable for one unit at $1.00 per unit
Record date: March 20 1991
Shares trade x-rt: March 14 1991
Rt called for trade: March 14 1991
Rt trade for cash: April 12 1991
Rt expire: April 19 1991
Rt trading symbol: FBR.RT
Rt security No: 834306
Rt Cusip No: 358901 11 4
A wt expiry date: April 19 1992
A wt exercise price: $1.15
Wt trading symbol: Tba
Wt Security No: Tba
Wt Cusip No: 358901 12 2
Unit security No: Tba
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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.
