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Warrants Alert
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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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Name - Gowest Amalgamated Resources Ltd
Website -
Symbol - GWA.RT
Cusip Number - 383901 11 3 
Expiry Date - March 28 1995

Symbol - GWA.RT
Cusip Number - 383901 15 4 
Expiry Date - December 6 1996
News Releases

1995-02-23 18:41 ET - Rights Offering

The ASE has been advised that the company is issuing rights to the holders of shares of record at the close March 6 1995. Holders will receive one right for each common share held.

Symbol: GWA.RT
Shares trade ex-rights: February 27 1995
Security code: ISM and WCCC - 834 391
Cusip No: 383901 11 3
Exercise Price: Eight rights and $0.20 to purchase one unit consisting of one share and one warrant entitling the holder to purchase one share for $0.40 on or before March 31 1996.
Expiry date: March 28 1995
Cash trading date: March 21 1995

© 2015 Canjex Publishing Ltd. All rights reserved.

1996-11-05 17:43 ET - Rights Offering

The ASE has been advised that the company is issuing rights to the holders of its issued common shares of record at the close of business on November 14 1996. Holders will receive one right for each common share held. The rights offering circular has been cleared in the provinces of Alberta, BC and Ontario only.

Exercise price: Eight rights and $0.72 to purchase one unit consisting of one common share and one-half warrant. One whole warrant entitles the holder to purchase one share for $1.25 by December 6 1997.
Shares trade ex-rights: November 12 1996
Expiry date: 4:00 pm (Toronto time) on December 6 1996
Cash trading date: December 4 1996
Stock symbol: GWA.RT
Security code: ISM - 834 469; WCCC - 834 253
Cusip No: 383901 15 4

© 2015 Canjex Publishing Ltd. All rights reserved.

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Explanation

Rights

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.

 

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