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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Jarvis Resources Ltd
Website -
Symbol - JRL.RT
Cusip Number - 471155 12 7 
Expiry Date - November 20 1992
News Releases

1992-10-14 18:31 ET - Rights Offering

The company will offer to shareholders of record on October 23 1992, rights to purchase shares of the company. One right will be issued for each share held.

Basis of offering: Four rights exercisable for one share at $1.00
Record date: October 23 1992
Shares trade x-rt: October 19 1992
Rt called for trade: October 19 1992
Rt trade for cash: November 13 1992
Rt expire: November 20 1992
Rt trading symbol: JRL.RT
Rt security No: 834265
Rt Cusip No: 471155 12 7

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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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