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 - PSM.RT
Cusip Number - 72375T 12 8
Expiry Date - February 14 1989
News Releases
1989-01-12 18:06 ET - Rights Offering
The company has announced it will offer to shareholders of record at January 24 1989, rights to purchase shares of the company.
Basis of offering: 5.5 rights exercisable for one unit at $2.75 perunit
Record date: January 24 1989
Shares trade x-rt: January 18 1989
Rt called for trade: January 18 1989
Rt trade for cash: February 7 1989
Rt expire: February 14 1989
Trading symbol: PSM.RT
Security No: 834291
Cusip no: 72375T 12 8
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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.
