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 - WXI.RT
Cusip Number - 962084 11 7
Expiry Date - Jan. 22, 2010
News Releases
Wex Pharmaceuticals rights offering
2009-12-17 21:57 ET - Rights Offering
TSX bulletin 2009-1711
Stock symbol: WXI.RT
Cusip number for rights: 962084 11 7
Securityholder entitlement: One right for each restricted voting share held on the record date
Terms of the rights: One right entitles the purchase of 1.5 restricted voting shares at a price of 13 cents per restricted voting share (as described below)
Expiry time: 4 p.m. (Vancouver time), Jan. 22, 2010
Ex rights date: Dec. 21, 2009
Record date: Dec. 23, 2009
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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.
