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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Resin Systems Inc
Website -
Symbol - RS.RT
Cusip Number - 76111T 12 8 
Expiry Date - July 24, 2009
News Releases

Resin Systems rights offering

2009-06-19 14:05 ET - Rights Offering

TSX bulletin 2009-0791

The following trader note was released by the Toronto Stock Exchange on June 19, 2009, at 1:17 p.m.

Rights symbol: RS.RT
Rights Cusip number: 76111T 12 8
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: Four rights plus 33 cents for one common share
Expiry time: 10 a.m. (Calgary time) on July 24, 2009
Ex rights date: June 22, 2009
Record date: June 24, 2009

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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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