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Name - AMT International Mining Corp
Website -
Symbol - AAI.RT
Cusip Number - 001983 12 1 
Expiry Date - Oct. 30, 2000
News Releases

AMT International Mining rights offering

2000-10-02 15:15 ET - Rights Offering

TSE Bulletin 2000-1288

Holders of common shares (symbol: AAI) of record as of the close of business on Oct. 5, 2000, will be granted one right for each common share held.

Basis of offering: Four rights and the sum of 25 cents being required to subscribe for one additional common share
Symbol: AAI.RT
Ex-rights date: Oct. 3, 2000
Cusip: 001983 12 1
Expiry date: Oct. 30, 2000

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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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