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 - SXN.RT
Cusip Number - 80559C 11 8
Expiry Date - October 6 1994
News Releases
1994-09-07 18:16 ET - Rights Offering
The ASE has been advised that the company is issuing rights to the holders of its issued and outstanding common shares of record at the close September 15 1994. Holders will receive one right for each eight common shares held. The rights offering circular has been cleared in Alberta, BC, Manitoba and Ontario only.
Stock symbol: SXN.RT
Shares trade ex-rights: September 8 1994
Security code: ISM-834 396; WCCC-834 377
Cusip No: 80559C 11 8
Exercise price: One right and $0.58 to purchase one common share
Expiry date: October 6 1994
Cash trading date: September 29 1994
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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.
