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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
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Name - Diagem Inc
Website -
Symbol - DGM.RT
Cusip Number - 251911 11 1 
Expiry Date - Nov. 29, 2005
News Releases

Diagem arranges rights offering

2005-10-28 17:02 ET - Rights Offering

Basis of offering: One right will be issued for each four common shares held. One right plus 10 cents will entitle the holder to subscribe for one common share.
Record date: Nov. 4, 2005
Shares trade ex rights: Nov. 2, 2005
Rights called for trading: Nov. 2, 2005
Rights trade for cash: Nov. 24, 2005
Rights expire: Nov. 29, 2005
Rights trading symbol: DGM.RT
Rights Cusip No.: 251911 11 1

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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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