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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 - Migenix Inc
Website -
Symbol - MGI.RT
Cusip Number - 59861R 13 8 
Expiry Date - Feb. 26, 2009
News Releases

Migenix rights offering for units

2009-01-27 19:14 ET - Rights Offering

TSX bulletin 2009-0120

Rights symbol: MGI.RT
Cusip number for rights: 59861R 13 8
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: Two rights plus five cents for one unit (as described below)
Expiry time: 5 p.m. (Toronto time), Feb. 26, 2009
Ex rights date: Jan. 29, 2009
Record date: Feb. 2, 2009

© 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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