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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

 

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Name - Molnar Capital Corporation
Website -
Symbol - MLR.RT
Cusip Number - 608904 11 6 
Expiry Date - February 8 1996
News Releases

1996-02-01 18:02 ET - Rights Offering

The company will offer to shareholders of record as at February 12 1996 rights to purchase shares of the company. One right will be issued for each share held.

Rt trading symbol: MLR.RT
Shares trade ex-rights: February 8 1996
Rt security No: 834326
Rt Cusip No: 608904 11 6
Exercise price: One right and $0.40 are required to purchase one share
Expiry date: March 8 1996

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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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