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Website -
Symbol - RMT.RT
Cusip Number - 75078P 12 9
Expiry Date - Oct. 23, 2007
Symbol - RMT.RT
Cusip Number - 75078P 11 1
Expiry Date - Oct. 8, 2004
News Releases
Raimount Energy rights offering
2007-09-20 16:15 ET - Rights Offering
Basis of offering: Five rights exercisable for one share at $1.10 per share.
Record date: Oct. 2, 2007
Shares trade ex rights: Sept. 28, 2007
Rights called for trading: Sept. 28, 2007
Rights trade for cash: Oct. 19, 2007
Rights expire: Oct. 23, 2007
Rights trading symbol: RMT.RT
Rights Cusip No.: 75078P129
Authorized jurisdiction(s): British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia
Raimount's application for rights offering approved
2004-09-03 14:50 ET - News Release
Raimount Energy Inc. has received regulatory approval to conduct a rights offering for shareholders resident in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia. The company will offer to shareholders of record on Sept. 15, 2004, rights to purchase shares of the company.
Basis of offering: One right will be issued for each common share held. Four rights plus 80 cents will entitle the holder to subscribe for one common share
Record date: Sept. 15, 2004
Shares trade ex rights: Sept. 13, 2004
Rights expire: Oct. 8, 2004
Rights trading symbol: RMT.RT
Rights CUSIP No.: 75078P 11 1
The company's rights offering circular is available for viewing on SEDAR and will be mailed to shareholders of record shortly after the record date.
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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.
