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 - NCY.RT
Cusip Number - 64352L 11 1
Expiry Date - July 13, 1987
News Releases
1987-06-03 03:00 ET - Rights Offering
The VSE has accepted for filng the filing statement of the company dated June 2, 1987, which discloses the following rights offering:
Basis of offering: One right exercisable for one share at $0.31 pershare
Record date: June 12, 1987
Shares trade x-rt: June 8, 1987
Rt called to trade: June 8, 1987
Rt trade for cash: July 6, 1987
Rt expire: July 13, 1987
Rt symbol NCY.RT
Security No. 834301
CUSIP No. 64352L 11 1
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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.
