THE INVESTOR'S GUIDE TO WARRANTS:
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on the Fastest Growing Sector of
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by Andrew McHattie Rating: ISBN-10: 027303751X
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Website -
Symbol - ROS.RT
Cusip Number - 776905 11 9
Expiry Date - Aug. 21, 2002
News Releases
Roseland to offer rights to shareholders July 25
2002-07-16 16:52 ET - Rights Offering
The company will offer to shareholders of record on July 25, 2002, rights to purchase shares of the company. One right will be issued for each share held. As at May 31, 2002, the company had 24,423,191 common shares issued and outstanding.
Basis of offering: Four rights exercisable for three shares at 14 cents per share
Record date: July 25, 2002
Shares trade ex-rights: July 23, 2002
Rights called for trading: July 23, 2002
Rights trade for cash: Aug. 16, 2002
Rights expire: Aug. 21, 2002
Rights symbol: ROS.RT
Rights Cusip No: 776905 11 9
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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.
