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Website -
Symbol - MAO.RT
Cusip Number - C5401G 10 5
Expiry Date - Jan. 10, 2014
News Releases
Maudore Minerals rights offering
2013-12-10 17:07 ET - Rights Offering
Basis of offering: One right will be issued for each share held, one right being exercisable for one share at 10 cents per share.
Record date: Dec. 18, 2013
Shares trade ex rights: Dec. 16, 2013
Rights called for trading: Dec. 16, 2013
Rights trade for cash: Jan. 7, 2014
Rights cease trading: Jan. 10, 2014, at 12 p.m. EST (noon)
Rights expire: Jan. 10, 2014, at 5 p.m. EST
Trade dates:
Jan. 7, 2014, to settle Jan. 8, 2014;
Jan. 8, 2014, to settle Jan. 9, 2014;
Jan. 9, 2014, to settle Jan. 10, 2014;
Jan. 10, 2014, to settle Jan. 10, 2014.
Rights trading symbol: MAO.RT
Rights Cusip No.: C5401G105
Authorized jurisdictions: All provinces of Canada
For further details, please refer to the company's rights offering prospectus dated Dec. 6, 2013.
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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.
