If you find this site informative please donate, every  donation helps us keep up with hosting costs. Thanks!  
Warrants Alert


Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
 by Andrew McHattie   Rating: ISBN-10: 027303751X


more books

no time to read, try audiobooks

Quick Links:

Back to Home Page               Back to Rights News Sheets             Back to Expired Rights


Name - Abacan Resource Corporation
Website -
Symbol - ABC.RT
Cusip Number - 00254T 12 5 
Expiry Date - March 31 1994
News Releases

1994-02-25 18:29 ET - Rights Offering

The ASE has been advised that the company is issuing rights to the holders of its issued and outstanding common shares of record at the close March 7 1994. Holders will receive one right for each common share held. The rights offering circular has been cleared in Alberta, BC, and Ontario.

Stock symbol: ABC.RT
Trading ex-rights: March 1 1994
Security code: ISM-834 158; WCCC-834 314
Cusip No: 00254T 12 5
Exercise price: 10 rights and $0.75 to purchase one common share
Expiry date: March 31 1994
Cash trading date: March 24 1994

© 2015 Canjex Publishing Ltd. All rights reserved.

Editorials and Commentaries

Commodities are powered by


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.



Stock Quotes and Financial Data for Your Website, Mobile and Desktop