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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Northwest Sports Enterprises Ltd
Website -
Symbol - NSE.RT.S
Cusip Number - 350902 11 0 
Expiry Date -

Symbol - NSE.RT
Cusip Number - 667801 11 2 
Expiry Date - February 27 1998
News Releases

Debentures listed; rights issued

1994-09-09 18:27 ET - Miscellaneous

Effective at the opening September 12 1994 the 7.50% redeemable unsecured subordinated debentures issued by Northwest Sports maturing September 8 1999 will be posted and called for trading.

Capitalization: 300,000 debentures each having a face value of $25.00 are outstanding
Trading symbol: NSE.D
Security No: E00180
Cusip No: 667801 AB 0

Capitalization: 300,000 special rights are authorized, issued and outstanding
Symbol: NSE.RT.S
Security code: 834346
Cusip No: 350902 11 0

© 2015 Canjex Publishing Ltd. All rights reserved.

1998-01-26 17:42 ET - Rights Offering

The company has will offer to shareholders of record at January 30 1998, rights to purchase common shares of the company. One right will be issued for each common share held. . The rights offering will expire on February 27 1998. As at December 31 1997 the company had 1,007,070 common shares issued and outstanding.

Rt trading date: February 2 1998
Shares trade ex-rights: January 28 1998
Exercise price: One right entitles the holder to subscribe for 0.77 shares at $85.00 per whole common share
Rt trade for cash: February 24 1998
Rt expiry date: February 27 1998
Rt trading symbol: NSE.RT
Rt Cusip No: 667801 11 2

© 2015 Canjex Publishing Ltd. All rights reserved.



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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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