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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 - Peak Energy Services Trust
Website -
Symbol - PES.RT
Cusip Number - 70468C 12 7 
Expiry Date - March 29, 2010

Symbol - PES.RT
Cusip Number - 70468C 11 9 
Expiry Date - Dec. 11, 2009
News Releases

Peak Energy rights offering

2010-02-25 20:48 ET - Rights Offering

TSX bulletin 2010-0232

Stock symbol: PES.RT
Cusip number: 70468C 12 7
Securityholder entitlement: 3.14052 rights for each trust unit held on the record date
Terms of the rights: One right plus 20 cents for one additional trust unit
Expiry time: 3 p.m. (Calgary time), March 29, 2010
Ex rights date: March 2, 2010
Record date: March 4, 2010

Peak Energy rights offering

2009-11-13 09:17 ET - Rights Offering

TSX bulletin 2009-1510

Stock symbol: PES.RT
Cusip number for rights: 70468C 11 9
Securityholder entitlement: One right for each trust unit held on the record date
Terms of the rights: 219.9914 rights entitle the holder to subscribe for $100 principal amount of 12-per-cent convertible secured subordinated debentures due Sept. 30, 2012
Expiry time: 3 p.m. (Calgary time) on Dec. 11, 2009
Ex rights date: Nov. 17, 2009
Record date: Nov. 19, 2009

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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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