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Name - Toro Oil & Gas Ltd
Website -
Symbol - TOO.RT
Cusip Number - 483436143 
Expiry Date - Dec. 8, 2014
News Releases

Kallisto Energy changes name to Toro Oil & Gas

2014-11-24 17:51 ET - New Listing

Pursuant to a resolution passed by shareholders on Nov. 20, 2014, the company has changed its name as follows. There is no consolidation of capital.

Effective at the opening on Tuesday, Nov. 25, 2014, the common shares of Toro Oil & Gas Ltd. will commence trading on the TSX Venture Exchange and the common shares of Kallisto Energy Corp. will be delisted.

Capitalization: unlimited shares with no par value of which 841,659,271 shares are issued and outstanding

Escrow: nil
Transfer agent: Alliance Trust Company
Trading symbol: TOO (new)
Cusip No.: 891099103 (new)
Rights expiration: Dec. 8, 2014
Trading symbol: TOO.RT (new)
Cusip No.: 483436143 (unchanged).

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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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