THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize
on the Fastest Growing Sector of
the Stock Market, Second Edition
(Hardcover)
by Andrew McHattie Rating: ISBN-10: 027303751X
no time to read, try audiobooks
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Website -
Symbol - WDM.RT
Cusip Number - 97381T 11 9
Expiry Date - June 1 1995
News Releases
1995-04-21 17:50 ET - Rights Offering
The company is issuing rights to the holders of its issued and outstanding common shares of record at the close May 1 1995. Holders will receive one right for each common share held. The rights offering circular has been cleared in Ontario only.
Symbol: WDM.RT
Shares trade ex-rights: April 25 1995
Security code: ISM and WCCC - 834 519
Cusip No: 97381T 11 9
Exercise Price: Four rights and $0.25 to purchase one class B preference share. Each class B preference share is convertible into a share on a 1:1 basis.
Expiry date: June 1 1995
Cash trading date: May 25 1995
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Canadian Exchanges News
Canadian Securities Exchange News
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.
