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 - PXT.RT
Cusip Number - 71921M 11 6
Expiry Date - March 1, 1999
News Releases
Phonettix rights offering
1999-01-29 11:35 ET - Rights Offering
TSE Bulletin 99-0118
Holders of common shares of record as of the close of business on Feb. 5, 1999 will be granted one right for each common share held.
Symbol: PXT.RT
Shares trade ex-rights: Feb. 3, 1999
Cusip No: 71921M 11 6
Rt exercise price: Four rights and the sum of 40 cents being required to subscribe for one common share
Rt expiry date: March 1, 1999
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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.
