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Name - PanTerra Resource Corp
Website -
Symbol - PRC.RT
Cusip Number - 69866E 13 1 
Expiry Date - Aug. 29, 2014
News Releases

PanTerra Resources rights offering

2014-07-07 19:12 ET - Rights Offering

Basis of offering: Eight rights plus 7.5 cents exercisable for one share
Record date: July 18, 2014
Shares trade ex rights: July 16, 2014
Rights called for trading: July 18, 2014
Rights trade for cash: Aug. 26, 2014
Rights expire: Friday, Aug. 29, 2014
Trade dates:
Aug. 26, 2014, to settle Aug. 27, 2014;
Aug. 27, 2014, to settle Aug. 28, 2014;
Aug. 28, 2014, to settle Aug. 29, 2014;
Aug. 29, 2014, to settle Aug. 29, 2014.
Rights trading symbol: PRC.RT
Rights Cusip No.: 69866E131

Authorized jurisdictions: Alberta, British Columbia, Saskatchewan, Ontario, Newfoundland, New Brunswick, Nova Scotia and Prince Edward Island

For further details, please refer to the company's rights offering circular dated July 3, 2014.

© 2015 Canjex Publishing Ltd. All rights reserved.



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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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