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Name - Valdez Gold Inc
Website -
Symbol - VAZ.RT
Cusip Number - 918913 11 2 
Expiry Date - March 17, 2006
News Releases

Valdez Gold offers rights to shareholders

2006-02-14 17:08 ET - Rights Offering

For further details, please refer to the company's rights offering circular dated Feb. 8, 2006.

Basis of offering: Four rights exercisable for one share at 18 cents per share
Record date: Feb. 24, 2006
Shares trade ex rights: Feb. 22, 2006
Rights called for trading: Feb. 22, 2006
Rights trade for cash: March 14, 2006
Rights expire: March 17, 2006
Rights trading symbol: VAZ.RT
Rights Cusip number: 918913 11 2

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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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