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 - ME.RT
Cusip Number - 609286 11 7
Expiry Date - Sept. 18, 1998
News Releases
1998-08-17 10:29 ET - Rights Offering
TSE Bulletin 98-1273
Holders of common shares of record as of the close of business on Aug. 19, 1998 will be granted one right for each common share held. Each unit will be comprised of one common share and one half warrant. The units will separate into their component parts upon issuance.
Symbol: ME.RT
Shares trade ex-rights: Aug. 17, 1998
Exercise price: Eight rights and .12c for one unit
Cusip No: 609286 11 7
Rt expiry date: Sept. 18, 1998
Wt exercise price: 20 cents
Wt expiry date: Aug. 19, 1999
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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.
