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
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Website -
Symbol - YMU.RT
Cusip Number - 628198 11 1
Expiry Date - Dec. 31, 2002
News Releases
Mustang Minerals rights offering
2002-12-04 16:40 ET - Rights Offering
The company will offer to shareholders of record at Dec. 10, 2002, rights to purchase shares of the company. One right will be issued for each share held. Each unit consisting of one flow-through common share and one-half of one share purchase warrant. As at Dec. 2, 2002, the company had 18,223,798 shares issued and outstanding.
Basis of offering: Six rights exercisable for one unit at 25 cents per unit
Record date: Dec. 10, 2002
Pay date: Dec. 31, 2002
Shares trade ex-rights: Dec. 6, 2002
Rights called for trading: Dec. 6, 2002
Rights trade for cash: Dec. 28, 2002
Rights cease trading: Dec. 31, 2002, 9 a.m. PT
Rights expire: Dec. 31, 2002, 1 p.m. PT
Rights trading symbol: YMU.RT
Rights Cusip No.: 628198 11 1
Warrants expire: Dec. 31, 2004
Warrants exercise price: 35 cents
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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.
