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 - KVL.RT
Cusip Number - 149600 11 6
Expiry Date - Aug. 20, 1999
News Releases
Cavell Energy rights offering
1999-07-13 10:29 ET - Rights Offering
TSE Bulletin 99-0873
Holders of common shares of record as of the close of business on July 16, 1999, will be granted one right for each common share held. Each flow-through unit will comprise one flow-through common share and one-half of a warrant. Each common share unit will comprise one common share and one-half of a warrant.
The flow-through units and the common share units are each separable as of the time of their issue. The warrants will not be listed on the exchange.
Symbol: KVL.RT
Shares trade ex-rights: July 14, 1999
Cusip No: 149600 11 6
Rt exercise price: One right and 0.22c being required to subscribe for one flow-through unit, and one right and the sum of 0.19c being required to subscribe for one common share unit
Rt expiry date: Aug. 20, 1999
Wt exercise price: 30 cents (one common share)
Wt expiry date: Oct. 6, 2000
© 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.
