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 - PMN.RT
Cusip Number - 73731B 11 6
Expiry Date - April 6 1995
News Releases
1995-02-27 19:10 ET - Rights Offering
The company will offer to shareholders of record as at March 8 1995 rights to purchase shares of the company. One right will be issued for each share held.
Rt trading symbol: PMN.RT
Shares trade ex-rights: March 2 1995
Rt security No: 834368
Exercise Price: Three rights and $0.30 are required to purchase one unit, each unit consisting of one share and one series A warrant
Rt Cusip No: 73731B 11 6
Expiry date: April 6 1995
Wt security No: 908860
Wt Cusip No: 73731B 12 4
Exercise Price: $0.35
Unit security No: 864566
Expiry date: April 6 1996
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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.
