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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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Name - Adaltis Inc
Website -
Symbol - ADS.RT
Cusip Number - 00547E 11 7 
Expiry Date - May 16, 2008
News Releases

Adaltis rights offering

2008-04-14 18:56 ET - Rights Offering

TSX bulletin 2008-0406

Rights symbol: ADS.RT
Rights Cusip No.: 00547E 11 7
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: 1.5 rights entitle the purchase of one common share at a price of 32 cents per common share
Expiry time: 5 p.m. (Eastern Time) on May 16, 2008
Ex rights date: April 16, 2008
Record date: April 18, 2008

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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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