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 - LXN.RT.A
Cusip Number - 52956L 11 6
Expiry Date - September 14 1990
News Releases
1990-08-15 18:15 ET - Rights Offering
The company will offer to shareholders of record on August 24 1990 rights to purchase shares of the company. One right will be issued for each share held.
Basis of offering: One right exercisable for one share at $0.15 per share
Record date: August 24 1990
Shares trade x-rt: August 20 1990
Rt called for trade: August 20 1990
Rt expire: September 14 1990
Rt trading symbol: LXN.RT.A
Rt security No: 834271
Rt Cusip No: 52956L 11 6
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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.
