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
no time to read, try audiobooks
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Website -
Symbol - AFA.RT
Cusip Number - 008278 11 1
Expiry Date - May 23, 2005
News Releases
Afri-Can Marine to offer rights per share
2005-04-22 16:40 ET - Rights Offering
Basis of offering: One right will be issued for each common share held. Five rights plus 10 cents will entitle the holder to subscribe for one common share.
Record date: May 2, 2005
Shares trade ex-rights: April 28, 2005
Rights called for trading: April 28, 2005
Rights trade for cash: May 18, 2005
Rights expire: May 23, 2005
Rights trading symbol: AFA.RT
Rights CUSIP No.: 008278 11 1
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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.
