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 - IMR.RT
Cusip Number - 45986P 11 5
Expiry Date - January 25 1991
News Releases
1990-12-20 17:25 ET - Rights Offering
The company will offer to shareholders of record at January 3 1991, rights to purchase shares of the company. One right will be issued for each share held.
Basis of offering: Four rights exercisable for three units at $0.25 per unit
Record date: January 3 1991
Shares trade x-rt: December 27 1990
Rt called for trade: December 27 1990
Rt trade for cash: January 18 1991
Rt expire: January 25 1991
Rt trading symbol: IMR.RT
Rt security No: 834264
Rt Cusip No: 45986P 11 5
Wt expiry date: January 29 1992
Wt exercise price: $0.30
Wt trading symbol: IMR.WT
Wt security No: 896904
Wt Cusip No: 45986P 12 3
Unit security No: 859329
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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.
