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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

 

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Name - Anadime Corp
Website -
Symbol - AEM.RT
Cusip Number - 03252C 11 0 
Expiry Date - May 18, 1999
News Releases

Anadime rights offering

1999-04-22 20:39 ET - Rights Offering

TSE Bulletin 99-0486

Holders of common shares of record as of the close of business on April 27, 1999, will be granted one right for each common share held.

Symbol: AEM.RT
Shares trade ex-rights: April 23, 1999
Cusip No: 03252C 11 0
Exercise price: Five rights and 0.90c for one additional common share
Rt expiry: May 18, 1999

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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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