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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Website -
Symbol - RNK.RT
Cusip Number - 75087X 11 3
Expiry Date - April 9, 2013
News Releases
Rainmaker Entertainment rights offering
2013-03-07 20:29 ET - Rights Offering
Rainmaker Entertainment Inc. will grant shareholders of record at March 13, 2013, rights to purchase 8-per-cent unsecured convertible debentures of the company that mature on March 31, 2016, according to the Toronto Stock Exchange. One right will be issued for each share held on the record date.
Basis of offering: Three thousand rights plus $1,000 entitles the holder to buy one $1,000 principal amount of the debentures. The debentures will be convertible into Rainmaker shares at 20 cents per share.
Shares trade ex rights: March 11, 2013
Rights expire: 4:30 p.m. (Toronto time) on April 9, 2013
Trade dates:
Trades on April 4, 2013, will be for special settlement on April 8, 2013
Trades on April 5 and April 8, 2013, will settle on the next business day in cash
Trades to 12 p.m. (Toronto time) on April 9, 2013, will settle on the same day in cash
Rights trading symbol: RNK.RT
Rights Cusip No.: 75087X 11 3
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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.
