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 - KLK.RT
Cusip Number - 49423K 11 9
Expiry Date - June 2 1988
News Releases
1988-04-07 17:58 ET - Rights Offering
The company will offer to shareholders of record on april 18 1988 rights to purchase shares of the company.
Effective at the opening April 12 1988, the shares of the company will trade ex-rights and the rights will be posted and called for trading at that time on a when-issued basis.
Basis of offering: Five rights exercisable for one share at $0.15 per share
Record date: April 18 1988
Shares trade x-rt: April 12 1988
Rt called for trade: April 12 1988
Rt trade for cash: May 26 1988
Rt expire: June 2 1988
Rt trading symbol: KLK.RT
Rt Security No: 834262
Rt Cusip No: 49423K 11 9
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Canadian Exchanges News
Canadian Securities Exchange News
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.
