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 - RDM.RT
Cusip Number - 76241L 11 0
Expiry Date - February 29 1996
News Releases
1996-01-19 19:12 ET - Rights Offering
The company will offer to the shareholders of record as at January 26 1996 rights to purchase shares of the company. One right will then be issued for each share held.
Rt trading symbol: RDM.RT
Shares trade ex-rights: January 24 1996
Rt security No: ISM - 834 365 WCCC - 834 357
Rt Cusip No: 76241L 11 0
Exercise price: Eight rights and $1.00 to purchase one share
Expiry date: February 29 1996
Cash trading date: February 27 1996
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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.
