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 - NII.RT
Cusip Number - 62913L 11 7
Expiry Date - December 29 1989
News Releases
1989-11-29 18:16 ET - Rights Offering
The company will offer to shareholders of record on December 8 1989 rights to purchase shares of the company.
Basis of offering: Five rights exercisable for one share at $1.00 per share
Shares trade x-rt: December 4 1989
Rt called for trade: December 4 1989
Rt trade for cash: December 20 1989
Rt expire: December 29 1989
Rt trading symbol: NII.RT
Rt security No: 834287
Rt Cusip No: 62913L 11 7
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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.
