THE INVESTOR'S GUIDE TO WARRANTS:
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on the Fastest Growing Sector of
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by Andrew McHattie Rating: ISBN-10: 027303751X
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Website -
Symbol - YGV.RT
Cusip Number - 397718 11 5
Expiry Date - Nov. 29, 2002
News Releases
Grenville Gold rights offering
2002-10-22 16:36 ET - Rights Offering
The company will offer to shareholders of record on Nov. 1, 2002, rights to purchase shares of the company. One right will be issued for each share held. As at Sept. 19, 2002, the company had 6,187,506 shares issued and outstanding.
Basis of offering: Four rights and 10 cents are required to purchase one share
Record date: Nov. 1, 2002
Shares trade ex-rights: Oct. 30, 2002
Rights called for trading: Oct. 30, 2002
Rights trade for cash: Nov. 26, 2002
Rights expire: Nov. 29, 2002
Rights trading symbol: YGV.RT
Rights Cusip No.: 397718 11 5
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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.
