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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

 

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Name - ClubLink Corporation
Website -
Symbol - LNK.RT
Cusip Number - 18947K 11 1 
Expiry Date - April 6, 1999
News Releases

ClubLink rights offering

1999-03-09 08:44 ET - Rights Offering

TSE Bulletin 99-0308

Holders of common shares of record as of the close on business on March 12, 1999, will be granted one right for each common share held.

Symbol: LNK.RT
Shares trade ex-rights: March 10, 1999
Cusip No: 18947K 11 1
Exercise price: 10 rights and $10.40 for one additional common share
Rt expiry: April 6, 1999

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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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