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 - ALN.RT
Cusip Number - 04133Q 11 2
Expiry Date - July 14 1994
News Releases
1994-04-06 17:44 ET - Rights Offering
The company will offer to shareholders of record as at April 15 1994 rights to purchase shares of the company. One right will be issued for each share held.
Rt trading symbol: ALN.RT
Trading ex-rights: April 11 1994
Rt security No: 834191
Exercise price: Two and one half rights and $0.25 are required to purchase one unit.Each unit consisting of one share and one series A warrant.
Expiry date: July 14 1994
Rt Cusip No: 04133Q 11 2
Wt trading symbol: ALN.WT.A
Wt security No: 875560
Wt Cusip No: 04113Q 12 0
Exercise price: $0.275
Unit security No: 840103
Expiry date: July 14 1995
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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.
