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Warrants Alert


Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
 by Andrew McHattie   Rating: ISBN-10: 027303751X


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Name - AltaRex Corp
Website -
Symbol - AXO.RT
Cusip Number - 020927 11 7 
Expiry Date - Feb. 23, 1999
News Releases

AltaRex rights offering

1999-01-28 11:42 ET - Rights Offering

TSE Bulletin 99-0106

Holders of common shares of record as of the close of business on Feb. 2, 1999, will be granted one right for each common share held.

Symbol: AXO.RT
Shares trade ex-rights: Jan. 29, 1999
Cusip No: 020927 11 7
Rt exercise price: Five rights and 0.62c for one additional common share
Rt expiry date: Feb. 23, 1999

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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.



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