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Name - AltaCanada Energy Corp
Website -
Symbol - ANG.RT
Cusip Number - 020938 12 2 
Expiry Date - June 21, 2010
News Releases

AltaCanada Energy rights offering

2010-05-13 17:58 ET - Rights Offering

Basis of offering: one right exercisable for 1.424 shares at seven cents per share
Record date: May 26, 2010
Shares trade ex rights: May 21, 2010
Rights called for trading: May 21, 2010
Rights trade for cash: June 16, 2010
Rights expire: June 21, 2010
Rights trading symbol: ANG.RT
Rights Cusip No.: 020938 12 2
Authorized jurisdiction(s): Alberta, British Columbia, Ontario

For further details, please refer to the company's rights offering short form prospectus dated May 10, 2010.

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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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