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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Mega Gold Resources Ltd
Website -
Symbol - MGG.RT
Cusip Number - 58514P 11 9 
Expiry Date - December 16, 1987

Symbol - MGG.RT
Cusip Number - 58514P 11 9 
Expiry Date - May 30 1990

News Releases

1987-11-05 03:00 ET - Rights Offering

The VSE has accepted for filing the company's rights offering circular dated November 6, 1987 which discloses the following:

The company has announced it will offer to shareholders of record on November 17, 1987, rights to purchase shares of the company.

Basis of offering: Four rights exercisable for one share at $0.18per share

Record date: November 17, 1987
Shares trade x-rt: November 10, 1987
Rt trade for cash: December 9, 1987
Rt expire: December 16, 1987
Rt trading symbol: MGG.RT
Rt security No: 834280
Rt Cusip No: 58514P 11 9

© 2015 Canjex Publishing Ltd. All rights reserved.

1990-04-19 19:01 ET - Rights Offering

The company will offer to shareholders of record on April 30 1990, rights to purchase shares of the company. Six rights and $0.15 are required to purchase one share.

Record date: April 30 1990
Shares trade x-rt: April 24 1990
Rt called for trade: April 24 1990
Rt trade for cash: May 23 1990
Rt expire: May 30 1990
Rt trading symbol: MGG.RT
Rt Security No: 834285
Rt Cusip No: 58514P 11 9

© 2015 Canjex Publishing Ltd. All rights reserved.



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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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