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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Tuscany Energy Ltd
Website -
Symbol - TUS.RT
Cusip Number - 90068T 11 4 
Expiry Date - Oct. 1, 2009
News Releases

Tuscany Energy rights offering

2009-08-21 16:46 ET - Rights Offering

Basis of offering: 34,767,836 rights exercisable for one share at six cents per share
Record date: Sept. 2, 2009
Shares trade ex rights: Aug. 31, 2009
Rights called for trading: Aug. 31, 2009
Rights trade for cash: Sept. 28, 2009; trading in the rights shall be for cash for the three trading days preceding the expiry date
Rights expire: Oct. 1, 2009
Rights trading symbol: TUS.RT
Rights Cusip No.: 90068T 11 4
Authorized jurisdiction(s): Alberta, British Columbia, Saskatchewan and Ontario

For further details, please refer to the company's rights offering circular dated Aug. 19, 2009.

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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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