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 - ARD.RT
Cusip Number - 042084 10 3
Expiry Date - May 31, 2006
News Releases
Armada Data to hold rights offering for shareholders
2006-04-20 16:47 ET - Rights Offering
Basis of offering: Four rights exercisable for one share at 22 cents per share
Record date: May 3, 2006
Shares trade ex rights: May 1, 2006
Rights called for trading: May 1, 2006
Rights trade for cash: May 26, 2006
Rights cease trading: May 31, 2006, 12 noon (Eastern Time)
Rights expire: May 31, 2006, 4 p.m. (Eastern Time)
Rights trading symbol: ARD.RT
Rights Cusip No: 042084 10 3
For further details, please refer to the company's rights offering circular dated April 12, 2006.
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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.
