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
Quick Links:
Back to Home Page Back to Rights News Sheets Back to Expired Rights
Website -
Symbol - MWI.RT
Cusip Number - 597801 11 7
Expiry Date - July 29 1991
News Releases
1991-06-27 12:00 ET - Rights Called to Trade
The company is issuing to holders of its ordinary shares transferable rights to subscribe for up to 7,550,000 ordinary shares. The holders are entitled to receive 1.8 rights for each ordinary share held.
Symbol: MWI.RT
Cusip No: 597801 11 7
Record date: July 5 1991
Basis: Each whole right and $2.50 per ordinary share
Expiry: July 29 1991
Ex-rights: June 28 1991
Regular: July 12 1991
© 2015 Canjex Publishing Ltd. All rights reserved.
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.
