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Name - Kallisto Energy Corp
Website -
Symbol - KEC.RT
Cusip Number - 483436 14 3 
Expiry Date - Dec. 8, 2014
News Releases

Kallisto Energy rights offering

2014-10-29 18:25 ET - Rights Offering

Basis of offering: Six rights exercisable for one share at per share of 3.375 cents
Record date: Nov. 7, 2014
Shares trade ex rights: Nov. 5, 2014
Rights called for trading: Nov. 5, 2014
Rights trade with special settlement: Dec. 3, 2014
Rights expire: Dec. 8, 2014, at 5 p.m. EST
Settlement: Dec. 3, 2014, to settle Dec. 5, 2014; Dec. 4, 2014, to settle Dec. 5, 2014; Dec. 5, 2014, to settle Dec. 8, 2014; Dec. 8, 2014, to settle Dec. 8, 2014
Rights trading symbol: KEC.RT
Rights Cusip No.: 483436143

For further details, please refer to the company's rights short form prospectus dated Oct. 28, 2014.


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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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