Donations
If you find this site informative please donate, every  donation helps us keep up with hosting costs. Thanks!  
   
Warrants Alert
Books


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

 

more books

no time to read, try audiobooks



Quick Links:
Back to Home Page               Back to Rights News Sheets             Back to Expired Rights



Name - Mobilift Inc
Website -
Symbol - MBO.RT
Cusip Number - 606921 11 2
Expiry Date - September 19 1997
News Releases

1997-08-29 18:31 ET - Rights Offering

The company is issuing rights to the holders of its outstanding shares of record at the close September 5 1997. Shareholders will receive one right for each share held.
The rights will be posted for trading September 3 1997. The shares will commence trading on an ex-rights basis at the opening September 3 1997.

Symbol: MBO.RT
Security No: ISM-834 407
Cusip No: 606921 11 2
Price: Four rights and $0.30 to purchase one share by September 19 1997
Expiry date: September 19 1997
Trading date: September 17 1997

© 2015 Canjex Publishing Ltd. All rights reserved.



Canadian Exchanges News




Canadian Securities Exchange News







Visitor Map
Canadian Flag





 
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.

 

Sponsors

Stock Quotes and Financial Data for Your Website, Mobile and Desktop