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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Symbol - ALE.RT
Cusip Number - 01877L 11 9
Expiry Date - January 15 1993
News Releases
1992-11-30 17:47 ET - Rights Offering
The company will offer to shareholders of record at December 9 1992, rights to purchase shares of the company. One right will be issued for each share held.
Basis of offering: Four rights exercisable for one unit at $0.25 per unit; each unit consists of one share and one A warrant
Record date: December 9 1992
Shares trade x-rt: December 3 1992
Rt called to trade: December 3 1992
Rt trade for cash: January 8 1993
Rt expire: January 15 1993
Rt trading symbol: ALE.RT
Rt security No: 834201
Rt Cusip No: 01877L 11 9
A wt expiry: December 3 1993
A wt exercise price: $0.37
Unit security No: 840039
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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.
