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 - STT.RT
Cusip Number - 81662A 11 4
Expiry Date - Feb. 11, 2010
News Releases
Semcan rights offering
2010-01-06 16:08 ET - Rights Offering
Basis of offering: Four rights exercisable for one unit at six cents per unit.
Record date: Jan. 18, 2010
Shares trade ex rights: Jan. 14, 2010
Rights called for trading: Jan. 14, 2010
Rights trade for cash: Feb. 8, 2010
Rights expire: Feb. 11, 2010
Rights trading symbol: STT.RT
Rights Cusip No.: 81662A 11 4
Authorized jurisdiction(s): Alberta, British Columbia, and Ontario
For further details, please refer to the company's rights offering circular dated Dec. 30, 2009.
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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.
