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 - GMG.RT
Cusip Number - 36464E 11 0
Expiry Date - September 15 1997
News Releases
1997-07-28 18:22 ET - Rights Offering
The ASE has been advised that the company has issued rights to the holders of its issued and outstanding shares of record at the close of business on August 1 1997. Shareholders will receive one right for each common share held. The rights offering circular has been cleared in the provinces of Alberta and Ontario only.
Stock symbol: GMG.RT
Shares trade ex-rights: July 30 1997
Security code: ISM - 834 752
Cusip No: 36464E 11 0
Exercise price: Four rights and $0.12 to purchase one common share
Expiry date: September 15 1997
Cash trading date: September 11 1997
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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.
