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 - RLN.RT
Cusip Number - 76115P 11 4
Expiry Date - January 17 1995
News Releases
1994-11-23 18:20 ET - Rights Offering
The ASE has been advised that the company is issuing rights to the holders of its issued common shares of record at the close of business on November 30 1994. Holders will receive one right for each common share held. The rights offering circular has been cleared in Alberta only.
Trading may be delayed pending distribution of the rights bulletin.
Symbol: RLN.RT
Trade ex-rights: November 24 1994
Security code: ISM and WCCC - 834 405
Cusip No: 76115P 11 4
Exercise price: Four rights and $0.50 to purchase one unit consisting of one share and one warrant. One warrant entitles the holder to purchase one share for $0.75 on or before June 17 1995.
Expiry date: January 17 1995
Cash trading date: January 10 1995
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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.
