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 - GEM.RT
Cusip Number - 25386G 11 3
Expiry Date - June 9, 2000
News Releases
Digital Gem rights offering
2000-05-15 15:55 ET - Rights Offering
TSE Bulletin 2000-0615
Holders of common shares (symbol: GEM) of record as of the close of business on May 19, 2000, will be granted one right for each common share held. Each unit will comprise one common share and one-half of a warrant.
The Toronto Stock Exchange has conditionally approved for listing the warrants issuable on exercise of the rights following completion of the rights offering, subject to meeting all requirements of the exchange including distribution of the warrants to a minimum number of public holders. A further bulletin will be issued if and when the warrants are to be listed.
Offering: Six rights and the sum of 50 cents being required to subscribe for one unit
Symbol: GEM.RT
Shares trade x-rt: May 17, 2000
Cusip: 25386G 11 3
Rt expiry: June 9, 2000
Wt expiry: June 1, 2001
Wt exercise price: 75 cents
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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.
