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Name - Russell Breweries Inc
Website -
Symbol - RB.RT
Cusip Number - 782306 11 2 
Expiry Date - June 8, 2009
News Releases

Russell Breweries rights offering

2009-05-04 16:24 ET - Rights Offering

Basis of offering: 26,660,350 rights, four rights exercisable for one unit at 15 cents per unit
Record date: May 13, 2009
Shares trade ex rights: May 11, 2009
Rights called for trading: May 11, 2009
Rights trade for cash: May 11, 2009
Rights expire: June 8, 2009
Rights trading symbol: RB.RT
Rights Cusip No.: 782306 11 2
Authorized jurisdiction(s): British Columbia, Alberta, Manitoba, Ontario

For further details, please refer to the company's rights offering circular dated April 28, 2009.

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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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