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THE INVESTOR'S GUIDE TO WARRANTS:

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Name - Telehop Communications Inc
Website -
Symbol - HOP.RT
Cusip Number - 878938 12 5 
Expiry Date - Sept. 26, 2011
News Releases
Telehop Communications rights offering

2011-08-22 20:37 ET - Rights Offering

Basis of offering: four rights exercisable for one share at 10 cents per share
Record date: Sept. 1, 2011
Shares trade ex rights: Aug. 30, 2011
Rights called for trading Aug. 30, 2011
Rights trade for cash: Sept. 21, 2011 -- trading in the rights shall be for cash for the three trading days preceding the expiry date
Rights expire: Sept. 26, 2011
Rights trading symbol: HOP.RT
Rights Cusip No.: 878938 12 5
Authorized jurisdiction(s): British Columbia, Alberta, Ontario, Quebec

For further details, please refer to the company's rights offering circular dated Aug. 16, 2011.

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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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