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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 - Ram Petroleums Limited
Website -
Symbol - RPL.RT.A
Cusip Number - 751305 13 7 
Expiry Date -
News Releases

1997-12-19 10:25 ET - New Listing

Symbol: RPL.A
Cusip No: 751305 20 2

Symbol: RPL.RT.A
Cusip No: 751305 13 7
Shares trade ex-rights: December 22 1997

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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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