Name - Gowest Amalgamated Resources
Ltd
Website -
Symbol - GWA.RT
Cusip Number - 383901 11 3
Expiry Date - December 6 1996
Symbol - GWA.RT
Cusip Number - 383901 11 3
Expiry Date - March 28 1995
News Releases
1996-11-05 15:43 MT - Rights Offering
The ASE has been advised that the company is issuing rights to the holders of its issued common shares of record at the close of business on November 14 1996. Holders will receive one right for each common share held. The rights offering circular has been cleared in the provinces of Alberta, BC and Ontario only.
The rights will be posted for trading on November 12 1996. The common shares will begin trading on an ex-rights basis at the opening of business on November 12 1996.
Exercise price: Eight rights and $0.72 to purchase one unit consisting of one common share and one-half warrant. One whole warrant entitles the holder to purchase one share for $1.25 by December 6 1997.
Expiry date: 4:00 pm (Toronto time) on December 6 1996.
Cash trading date: December 4 1996
Stock symbol: GWA.RT
Security code: ISM - 834 469; WCCC - 834 253
Cusip No: 383901 15 4
1995-02-23 16:41 MT - Rights Offering
The ASE has been advised that the company is issuing rights to the holders of shares of record at the close March 6 1995. Holders will receive one right for each common share held.
The rights will be posted for trading on the ASE February 27 1995. The common shares will commence trading on an ex-rights basis at the open February 27 1995.
Symbol: GWA.RT
Security code: ISM and WCCC - 834 391
Cusip No: 383901 11 3
Price: Eight rights and $0.20 to purchase one unit consisting of one share and one warrant entitling the holder to purchase one share for $0.40 on or before March 31 1996.
Expiry date: March 28 1995
Cash trading date: March 21 1995
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.
