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 - PAF.RT
Cusip Number - 69383H 11 2
Expiry Date - August 15 1988
News Releases
1988-07-06 18:16 ET - Rights Offering
The company has announced it will offer to shareholders of record on July 15 1988 rights to purchase shares of the company.
The rights will be posted and called for trading on July 11 1988 on a when-issued basis.
Basis of offering: Four rights exercisable for one share at $0.50 per share
Record date: July 15 1988
Shares trade x-rt: July 11 1988
Rt called for trade: July 11 1988
Rt trade for cash: August 8 1988
Rt expire: August 15 1988
Rt Trading Symbol: PAF.RT
Rt Security No: 834330
Rt Cusip No: 69383H 11 2
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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.
