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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 - AldeaVision Inc
Website -
Symbol - ALD.RT
Cusip Number - 014078 11 7 
Expiry Date - March 18, 2003
News Releases

AldeaVision rights offering

2003-02-14 19:05 ET - Rights Offering

TSX bulletin 2003-0176

Symbol: ALD.RT
Cusip No: 014078 11 7
Shareholder entitlement: One right for each common share held on therecord date
Terms of the rights: One right entitles the purchase of four units ata price of seven cents per unit
Expiry time: 5 p.m. (Montreal time), March 18, 2003
Ex-rights date: Feb. 18, 2003
Record date: Feb. 20, 2003

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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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