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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 - Serebra Learning Corp
Website -
Symbol - SLC.RT
Cusip Number - 817482 11 0 
Expiry Date - April 9, 2008
News Releases

Serebra Learning rights offering

2008-03-04 16:47 ET - Rights Offering

Basis of offering: Four rights exercisable for one unit at 30 cents per unit
Record date: March 14, 2008
Shares trade ex rights: March 12, 2008
Rights called for trading: March 12, 2008
Rights trade for cash: April 4, 2008
Rights expire: April 9, 2008
Rights trading symbol: SLC.RT
Rights Cusip No.: 817482 11 0

Authorized jurisdiction(s): Alberta, British Columbia, Ontario

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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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