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 - PXV.RT
Cusip Number - 716951 11 6
Expiry Date - Aug. 10, 1998
News Releases
1998-07-10 16:44 ET - Rights Offering
The VSE has been advised that the company will offer to shareholders of record on July 16, 1998, rights to purchase shares of the company. One right will be issued for each share held.
Rt trading symbol: PXV.RT
Shares trade ex-rights: July 14, 1998
Rt Cusip No: 716951 11 6
Exercise price: Four rights and 16 cents are required to purchase one share
Rt expiry date: Aug. 10, 1998.
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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.
