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 - SHN.RT
Cusip Number - 81942K 11 4
Expiry Date - June 29, 1987
News Releases
1987-05-20 03:00 ET - Rights Offering
The VSE has accepted for filing the company's statement of material facts dated May 7, 1987, which discloses the following:
The company has announced it will offer to shareholders of record on May 29, 1987, rights to purchase shares of the company.
Basis of offering: Two rights exercisable for one share at $0.16 pershare
Record date: May 29, 1987
Shares trade x-rt: May 25, 1987
Rt called to trade: May 25, 1987
Rt trade for cash: June 22, 1987
Rt expire: June 29, 1987
Rt trading symbol: SHN.RT
Rt security No: 834390
Rt Cusip No: 81942K 11 4
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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.
