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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Panterra Energy Inc
Website -
Symbol - PTG.RT
Cusip Number - 698919 11 5 
Expiry Date - January 25 1990
News Releases

1989-12-08 18:40 ET - Rights Offering

The company will offer to shareholders of record at December 19 1989 rights to purchase shares of the company.

Basis of offering: 2.5 rights exercisable for one unit at $0.25 per unit. Each unit consists of oneshare and one share purchase warrant.
Record date: December 19 1989
Shares trade x-rt: December 13 1989
Rt called for trade: December 13 1989
Rt trade for cash: January 18 1990
Rt expire: January 25 1990
Rt trading symbol: PTG.RT
Rt security No: 834296
Rt Cusip No: 698919 11 5

Wt expiry date: July 25 1990
Wt exercise price: $0.28
Wt trading symbol: Tba
Wt security No: Tba
Wt Cusip No: 68919 12 3

Unit security No: Tba

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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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