Name - Carnes Creek Exploration Ltd

    Website -

    Symbol - CSK.RT

    Cusip Number - 143602 11 8

    Expiry Date - July 24 1989

    News Release

 

1989-06-16 15:53 MT - Rights Called to Trade

Further to the VSE notice dated June 14 1989, the trading symbol, security No. etc for the company's rights are as follows:

 

Rt trading symbol:  CSK.RT

Rt security No:  834245

Rt Cusip No:  143602 11 8

 

3.5 rights for one share at $0.15

 

1989-06-14 16:20 MT - Rights Offering

The company will offer to shareholders of record at June 23 1989 rights to purchase shares of the company.

 

Basis of offering:  Three and one-half rights exercisable for one share at $0.15 per share

Record date:  June 23 1989

Shares trade x-rt:  June 19 1989

Rt called for trade:  June 19 1989

Rt trade for cash:  July 17 1989

Rt expire:  July 24 1989

Rt trading symbol:  Tba

Rt security No:  Tba

Rt Cusip No:  143602 11 8

 

 



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.


 
Carnes Creek Exploration Ltd

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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