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 - NVE.RT
Cusip Number - 669953 11 9
Expiry Date - July 7, 1999
News Releases
NovaWest rights offering circular accepted
1999-05-17 17:55 ET - Rights Offering
The company will offer to shareholders of record at May 26, 1999, rights to purchase shares. One right will be issued for each share held. Each unit consisting of one share and one-half of one share purchase warrant. As at May 14, 1999, the company had 15,730,865 shares issued and outstanding.
Record date: May 26, 1999
Shares trade ex-rights: May 20, 1999
Rt trading date: May 20, 1999
Rt exercise price: Six rights and 40 cents are required to purchase one unit
Rt cash trading date: July 2, 1999
Rt expiration date: July 7, 1999
Rt trading symbol: NVE.RT
Rt Cusip No: 669953 11 9
Wt expiry date: Nov. 15, 1999
Wt exercise price: 40 cents
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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.
