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Name - Alberta Oilsands Inc
Website -
Symbol - AOS.RT
Cusip Number - 013041 14 0 
Expiry Date - Nov. 19, 2012
News Releases

Albert Oilsands rights offering

2012-10-03 20:15 ET - Rights Offering

Basis of offering: one right exercisable for one unit at 10 cents per unit; each unit consisting of one share and one transferable share purchase warrant
Record date: Oct. 16, 2012
Shares trade ex rights: Oct. 12, 2012
Rights called for trading: Oct. 12, 2012
Rights trade for cash: Nov. 14, 2012
Rights expire: Nov. 19, 2012
Rights trading symbol: AOS.RT
Rights Cusip No.: 013041 14 0
Authorized jurisdiction(s): Alberta

For further details, please refer to the company's rights offering circular dated Oct. 2, 2012.

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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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