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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 - Riva Petroleum Inc
Website -
Symbol - RVA.RT
Cusip Number - 767092 13 3 
Expiry Date - April 28 1992
News Releases

1992-03-27 17:52 ET - Rights Offering

The company will offer to shareholders of record at April 6 1992, rights to purchase shares of the company. One right will be issued for each share held.

Basis of offering: Five rights exercisable for one unit at $0.70 per unit, each unit consisting of one share and one F warrant, with two F warrants exercisable for one share at $1.00
Record date: April 6 1992
Shares trade x-rt: March 31 1992
Rt called for trade: March 31 1992
Rt trade for cash: April 21 1992
Rt expire: April 28 1992
Rt trading symbol: RVA.RT
Rt security No: 834362
Rt Cusip No: 767092 13 3

F Wt expiry date: October 28 1992
WT trading symbol: RVA.WT.F
Wt security No: 911152
Wt Cusip No: Tba

Unit security No: 8681744

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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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