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
Quick Links:
Back to Home Page Back to Rights News Sheets Back to Expired Rights
Website -
Symbol - KRS.RT
Cusip Number - 500921 11 9
Expiry Date - January 26 1998
News Releases
1997-12-17 18:16 ET - Rights Offering
The exchange 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 December 23 1997. Holders will receive one right for each common share held. The rights offering circular has been cleared in Alberta and Ontario only.
Rt symbol: KRS.RT
Shares trade ex-rights: December 19 1997
Security code: 834 088
Cusip No: 500921 11 9
Exercise price: Two rights and $0.20 to purchase one share
Expiry date: January 26 1998
Cash trading date: January 22 1998
© 2015 Canjex Publishing Ltd. All rights reserved.
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.
