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Name - Pine Cliff Energy Ltd
Website -
Symbol - PNE.RT
Cusip Number - 722524 13 9 
Expiry Date - Feb. 3, 2012

Symbol - PNE.RT
Cusip Number - 722524 12 1 
Expiry Date - Oct. 25, 2007
News Releases

Pine Cliff Energy rights offering

2011-12-28 16:44 ET - Rights Offering

Basis of offering: Four rights are exercisable for one common share at a price of 17 cents per share
Record date: Jan. 11, 2012 Shares trade ex rights: Jan. 9, 2012
Rights called for trading: Jan. 11, 2012
Rights trade for cash: Feb. 1, 2012
Rights expire: Feb. 3, 2012
Rights trading symbol: PNE.RT
Rights Cusip No.: 722524 13 9
Authorized jurisdiction(s): Alberta

For further details, please refer to the company's rights offering circular dated Dec. 21, 2011.

Pine Cliff Energy rights offering

2007-09-21 16:36 ET - Rights Offering

Basis of offering: four rights exercisable for one share at $1.10 per share
Record date: Oct. 3, 2007
Shares trade ex rights: Oct. 1, 2007
Rights called for trading: Oct. 1, 2007
Rights trade for cash: Oct. 23, 2007
Rights expire: Oct. 25, 2007
Rights trading symbol: PNE.RT
Rights Cusip No.: 722524 12 1

Authorized jurisdiction(s): British Columbia, Alberta, Saskatchewan, Manitoba, Ontario

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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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