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Name - Transeuro Energy Corp
Website -
Symbol - TSU.RT
Cusip Number - 893651 17 4 
Expiry Date - Dec. 2, 2011
News Releases

Transeuro rights offering

2011-11-03 20:37 ET - Rights Offering

Basis of offering: one right exercisable for 2.72625 shares at six cents per share
Record date: Nov. 9, 2011
Shares trade ex rights: Nov. 7, 2011
Rights called for trading: Nov. 14, 2011
Rights trade for cash: Nov. 29, 2011 -- trading in the rights shall be for cash for the three trading days preceding the expiry date
Rights expire: Dec. 2, 2011
Trade dates
Nov. 29, 2011 -- to settle -- Nov. 30, 2011;
Nov. 30, 2011 -- to settle -- Dec. 1, 2011;
Dec. 1, 2011 -- to settle -- Dec. 2, 2011;
Dec. 2, 2011 -- to settle -- Dec. 2, 2011.
Rights trading symbol: TSU.RT
Rights Cusip No.: 893651 17 4
Authorized jurisdictions: British Columbia, Alberta and Ontario

For further details, please refer to the company's short form rights offering prospectus dated Nov. 1, 2011.

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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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