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 - AEN.RT
Cusip Number - 037243 11 0
Expiry Date - Nov. 30, 2000
News Releases
Antrim Energy Rights offering
2000-10-16 18:40 ET - Rights Offering
The company has announced it will offer to shareholders of record on Oct. 27, 2000, rights to purchase shares of the company. One right will be issued for each share held. The company had 12,833,741 shares issued and outstanding.
Basis of offering: Six rights and $1.00 are required to subscribe for one Unit. One unit consists of one common share and one-half of one common share purchase warrant. One full purchase warrant entitles the holder to acquire one share at $1.50 for one year from the expiry date.
Record date: Oct. 27, 2000
Ex-rights date: Oct. 25, 2000
Trading date: Oct. 25, 2000
Cash-in date: Nov. 27, 2000
Expiry date: Nov. 30, 2000
Trading symbol: AEN.RT
Cusip No: 037243 11 0
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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.
