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 - MNL.RT
Cusip Number - 579674 15 1
Expiry Date - February 4, 1987
News Releases
1986-12-23 03:00 ET - Rights Offering
The company has announced it will offer to shareholders of record at December 30, 1986 rights to purchase shares of the company. One right will be issued for each share held. Four rights and $0.17 are required to purchase one unit, each unit consisting of one share and one series A share purchase warrant. The offer will expire on February 4, 1987. One series A share purchase warrant $0.19 entitles the buyer to purchase one share of the company up to August 4, 1987.
Basis of offering: Four rights exercisable for one unit at $0.17 perunit
Record date: January 6, 1987
Shares trade x-rt: December 30, 1986
Rt called to trade: December 30, 1986
Rt trade for cash: February 4, 1987
Rt trading symbol: MNL.RT
Rt security No: 834267
Rt cusip No: 579674 15 1
A wt expire: August 4, 1987
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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.
