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Warrants Alert
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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 - Arrowhead Water Products Ltd
Website -
Symbol - AWP.RT
Cusip Number - 042914 11 9 
Expiry Date - May 6, 2010
News Releases

Arrowhead rights offering

2010-03-31 18:55 ET - Rights Offering

Basis of offering: four rights exercisable for one unit at 2.5 cents per unit
Record date: April 14, 2010
Shares trade ex rights: April 12, 2010
Rights called for trading: April 12, 2010
Rights trade for cash: May 4, 2010
Rights expire: May 6, 2010
Rights trading symbol: AWP.RT
Rights Cusip No.: 042914 11 9

Authorized jurisdiction(s): British Columbia; Alberta; Saskatchewan; Manitoba; Ontario; Nova Scotia.

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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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