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 - LRD.RT
Cusip Number - 543906 11 9
Expiry Date - June 28 1988
News Releases
1988-05-27 18:11 ET - Rights Offering
The VSE has accepted for filing the company's statement of material facts dated May 25 1988 which discloses the following:
The company will offer to shareholders of record on June 7 1988, rights to purchase shares of the company.
Basis of offering: Five rights exercisable for one share at $0.25 per share.
Record date: June 7 1988
Shares trade x-rt: June 1 1988
Rt called for trade: June 1 1988
Rt trade for cash: June 21 1988
Rt expire: June 28 1988
Trading symbol: LRD.RT
Security No: 834269
Cusip No: 543906 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.
