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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 - Orca Exploration Group Inc
Website -
Symbol - ORC.RT
Cusip Number - G6769T 12 3 
Expiry Date - Oct. 5, 2010
News Releases

Orca Exploration rights offering

2010-08-24 19:44 ET - Rights Offering

Basis of offering: Six rights exercisable for one Class B share at $3.90 per share
Record date: Sept. 2, 2010
Shares trade ex rights: Aug. 31, 2010
Rights called for trading: Aug. 31, 2010
Rights trade for cash: Sept. 30, 2010 (Trading in the rights shall be for cash for the three trading days preceding the expiry date.)
Rights expire: Oct. 5, 2010
Rights trading symbol: ORC.RT
Rights Cusip No.: G6769T 12 3
Authorized jurisdictions: All provinces and territories of Canada other than Quebec

For further details, please refer to the company's rights offering circular dated Aug. 19, 2010.

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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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