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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 - Hosted Data Transaction Solutions Inc
Website -
Symbol - HDX.RT
Cusip Number - 44109B 11 1 
Expiry Date - Oct. 11, 2007
News Releases

Hosted Data Transaction rights offering

2007-09-12 20:46 ET - Rights Offering

TSX bulletin 2007-1303

Rights symbol: HDX.RT
Cusip No. for rights: 44109B 11 1
Shareholder entitlement: One right for each Class A voting common share held on the record date.
Terms of the rights: Six rights plus 80 cents for one unit
Expiry time: 5 p.m. (Toronto time), Oct. 11, 2007
Ex rights date: Sept. 14, 2007
Record date: Sept. 18, 2007

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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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