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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 - Roman Corp Ltd
Website -
Symbol - RMN.RT
Cusip Number - 775864 12 7 
Expiry Date - June 7, 2004
News Releases

Roman rights offering

2004-05-06 18:45 ET - Rights Offering

TSX bulletin 2004-0466

Rights symbol: RMN.RT
Rights Cusip No.: 775864 12 7
Shareholder entitlement: Two rights for every 1-1/2 common shares held on the record date
Terms of the rights: Three rights plus $8.73 for one unit
Expiry time: 4:30 p.m. (Toronto time), June 7, 2004
Ex rights date: May 10, 2004
Record date: May 12, 2004

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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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