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
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Website -
Symbol - PNL.RT
Cusip Number - 723471 11 6
Expiry Date - April 30, 2010
News Releases
Pinnacle Mines rights offering
2010-03-23 20:33 ET - Rights Offering
Basis of offering: One right exercisable for one share at five cents per share
Record date: April 5, 2010
Shares trade ex rights: March 31, 2010
Rights called for trading: March 31, 2010
Rights trade for cash: April 27, 2010 (Trading in the rights shall be for cash for the three trading days preceding the expiry date.)
Rights expire: April 30, 2010
Rights trading symbol: PNL.RT
Rights Cusip No.: 723471 11 6
Authorized jurisdictions: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Nunavut, Northwest Territories, and the Yukon
For further details, please refer to the company's rights offering prospectus dated March 23, 2010.
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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.
