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Name - Platinum Communications Corp
Website -
Symbol - PCS.RT
Cusip Number - 72765M 13 9 
Expiry Date - July 30, 2007

Symbol - PCS.RT
Cusip Number - 72765M 12 1 
Expiry Date - March 3, 2003
News Releases

Platinum Communications rights offering clarification

2007-07-10 16:18 ET - Rights Offering

Basis of offering: One right will be issued for each four common share held, and one right and 22 cents will entitle the holder to subscribe for one common share
Record date: June 29, 2007
Shares trade ex rights: June 27, 2007
Rights called for trading: June 27, 2007
Rights trade for cash: July 25, 2007
Rights expire: July 30, 2007
Rights trading symbol: PCS.RT
Rights Cusip No.: 72765M 13 9

Authorized jurisdictions: Alberta, British Columbia, Ontario, Manitoba, New Brunswick, Nova Scotia, Saskatchewan and Northwest Territories


Platinum Communications rights offering

2003-02-03 16:38 ET - Rights Offering

The company has announced it will offer to shareholders of record on Feb. 10, 2003, rights to purchase shares of the company. One right will be issued for each four shares held. As at Jan. 28, 2003, the company had 7,900,460 shares issued and outstanding.

Basis of offering: One right exercisable for one share at 40 cents per share.
Record date: Feb. 10, 2003
Shares trade ex-rights: Feb. 7, 2003
Rights called for trading: Feb. 7, 2003
Rights trade for cash: Feb. 27, 2003
Rights expire: March 3, 2003
Rights trading symbol: PCS.RT
Rights Cusip No.: 72765M 12 1

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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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