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
no time to read, try audiobooks
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Website -
Symbol - RWL.RT
Cusip Number - 7655P 11 7
Expiry Date - June 4, 1987
News Releases
1987-04-24 03:00 ET - Rights Offering
The company has announced it will offer to shareholders of record on May 5, 1987, rights to purchase units of the company.
Basis of offering: Two rights exercisable for one unit at $1.24 perunit
Record date: May 5, 1987
Shares trade x-rt: April 29, 1987
Rt trade for cash: May 28, 1987
Rt expire: June 4, 1987
Trading symbol: RWL.RT
RT Security No: 834360
RT Cusip No: 7655P 11 7
X-Wt expire: December 1, 1987
X-Wt exercisable: $1.43
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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.
