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 - ITN.RT
Cusip Number - 457958 11 4
Expiry Date - November 25 1997
News Releases
1997-10-29 18:48 ET - Rights Offering
The ASE has been advised that the company is issuing rights to the holders of its issued and outstanding common shares of record at the close of business on November 4 1997. Shareholders will receive one right for each common share held. The rights offering circular has been cleared in Alberta, BC and Ontario.
Rt symbol: ITN.RT
Shares trade ex-rights: October 31 1997
Rt security code: ISM - 834 799
Rt Cusip No: 457958 11 4
Rt exercise price: One right and $0.03 to purchase one share
Rt expiry date: November 25 1997
Cash trading date: November 21 1997
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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.
