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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 - Nebex Resources Ltd
Website -

Symbol - NBX.RT
Cusip Number - 63953F 13 5 
Expiry Date - April 24 1998

Symbol - NBX.RT
Cusip Number - 63953F 11 9 
Expiry Date - June 23 1995
News Releases

1998-03-11 06:40 ET - Rights Offering

The TSE advises that holders of common shares of record as of the close of business on March 16 1998 will be granted one right for each common share held. Each unit will be comprised of one share and one warrant.

Shares trade ex-rights: March 12 1998
Cusip No: 63953F 13 5
Rt expiry date: April 24 1998
Rt exercise price: seven rights and the sum of $0.85 for one unit

Wt expiry date: April 30 1999

1995-05-16 18:19 ET - Rights Offering

The company is issuing rights to the holders of its issued and outstanding common shares of record at the close May 24 1995. Holders will receive one right for each common share held. The rights offering circular has been cleared in Alberta and Ontario only.

Symbol: NBX.RT
Shares trade ex-rights: May 17 1995
Security code: ISM and WCCC - 834 182
Cusip No: 63953F 11 9
Exercise price: Ten rights and $1.00 to purchase one unit consisting of one share and one warrant. Each warrant entitles the holder to purchase one share at $1.20 on or before 4:00 pm (Calgary time) March 31 1997.
Expiry date: June 23 1995
Cash trading date: June 16 1995

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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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