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 - AVK.RT
Cusip Number - G0683R 14 9
Expiry Date - March 15, 2007
News Releases
Avnel Gold Mining rights offering
2007-02-15 21:18 ET - Rights Offering
TSX bulletin 2007-0224
Rights symbol: AVK.RT
Rights Cusip No.: G0683R 14 9
Shareholder entitlement: One right for each common share held on the record date
Terms of the rights: Eight rights plus 50 cents for one additional common share
Expiry time: 4 p.m. (Toronto time), March 15, 2007
Ex rights date: Feb. 19, 2007
Record date: Feb. 21, 2007
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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.
