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 - SVM.RT
Cusip Number - 827904 11 1
Expiry Date - March 31 1988
News Releases
1988-03-08 17:59 ET - Rights Offering
The company will offer to shareholders of record on March 17 1988 rights to purchase shares of the company.
Basis of offering: Ten rights exercisable for one share at $2.50 per share
Record date: March 17 1988
Shares trade x-rt: March 11 1988
Rt called for trade: March 11 1988
Rt trade for cash: March 24 1988
Rt expire: March 31 1988
Trading symbol: SVM.RT
Security No: 834390
Cusip No: 827904 11 1
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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.
