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Name - Triton Energy Corp
Website -
Symbol - TEZ.RT
Cusip Number - 89677B 11 8 
Expiry Date - Feb. 18, 2010
News Releases

Triton Energy rights offering

2010-01-14 16:32 ET - Rights Offering

Basis of offering: 44,003,637; four rights exercisable for one share at 13 cents per share
Record date: Jan. 27, 2010
Shares trade ex rights: Jan. 25, 2010
Rights called for trading: Jan. 25, 2010
Rights trade for cash: Feb. 15, 2010
Rights expire: Feb. 18, 2010
Rights trading symbol: TEZ.RT
Rights Cusip No.: 89677B 11 8
Authorized jurisdiction(s): All provinces, except Quebec

For further details, please refer to the company's rights offering circular dated Jan. 13, 2010.

The company's rights offering circular has been filed with and accepted by the securities commissions of all of the provinces of Canada, except Quebec, pursuant to the provisions of their respective securities acts.

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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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