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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Website -
Symbol - HBE.RT
Cusip Number - 440553 11 3
Expiry Date - Aug. 31, 2010
News Releases
Hornby Bay Mineral rights offering
2010-07-30 17:14 ET - Rights Offering
Basis of offering: Four rights exercisable for one share at 16 cents per share
Record date: Aug. 6, 2010
Shares trade ex rights: Aug. 4, 2010
Rights called for trading: Aug. 4, 2010
Rights trade for cash: Aug. 26, 2010 -- trading in the rights shall be for cash for the three trading days preceding the expiry date.
Rights expire: Aug. 31, 2010
Rights trading symbol: HBE.RT
Rights Cusip No.: 440553 11 3
Authorized jurisdiction(s): British Columbia, Alberta and Ontario
For further details, please refer to the company's rights offering circular dated July 26, 2010.
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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.
