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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 - Stroud Resources Ltd
Website -
Symbol - SDR.RT
Cusip Number - 863443 15 6 
Expiry Date - Jan. 20, 2000

Symbol - SDR.RT
Cusip Number - 863443 14 9 
Expiry Date - June 3, 1998
News Releases

Stroud rights offering

1999-12-14 12:16 ET - Rights Offering

TSE Bulletin 99-1583

Holders of common shares of record as of the close of business on Friday, Dec. 17, 1999, will be granted one right for each common share held.

Basis of offering: Four rights and the sum of 11 cents being required to subscribe for one additional common share
Symbol: SDR.RT
Shares trade ex-rights: Dec. 15, 1999
Cusip No: 863443 15 6
Rt expiry date: Jan. 20, 2000

© 2015 Canjex Publishing Ltd. All rights reserved.

1998-06-02 07:41 ET - Rights Offering

TSE Bulletin 98-854

Holders of common shares of record as of the close of business on Friday, June 5, 1998 will be granted on the record date on the basis of one right for each common share held.

The debentures will not be listed on the TSE and there is no assurance that a public market will develop for the debentures. It is understood that Taurus Capital Markets has agreed to call a market for the debentures in the unlisted bond market.

Symbol: SDR.RT
Shares trade ex-rights: June 3, 1998
Exercise price: 2,667 rights and the sum of $100 for one debenture
Cusip No: 863443 14 9
Expiry Date - July 3, 1998

© 2015 Canjex Publishing Ltd. All rights reserved.



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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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