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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

 

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Name - Questar Resource Corp
Website -
Symbol - QRC.RT
Cusip Number - 75835Q 11 6 
Expiry Date - February 16 1994
News Releases

1994-01-17 18:36 ET - Rights Offering

The company will offer to shareholders of record as at January 26 1994 rights to purchase shares of the company. One right will be issued for each share held.

Rt trading symbol: QRC.RT
Trading ex-rights: January 20 1994
Rt security No: ISM-834 284; WCCC-834 342
Cusip No: 75835Q 11 6
Exercise price: 6 rights and $0.70 to purchase one share
Expiry date: February 16 1994
Cash trading date: February 9 1994

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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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