Name - Dayton Developments Corp.
Website -
Symbol - DD.RT
Cusip Number - 23975D 11 2
Expiry Date - December 21 1989
News Release
1989-11-24 15:37 MT - Rights Called to Trade
Further to the VSE notice dated effective November 23 1989, the trading symbol etc for the company's rights are as follows:
Rt trading symbol: DD.RT
Rt security No: 834246
Rt Cusip No: 23975D 11 2
1989-11-22 16:04 MT - Rights Offering
The company will offer to shareholders of record at December 1 1989 rights to purchase shares of the company.
Basis of offering: Two rights exercisable for one unit at $0.55 per unit, each unit consisting ofone share and one share purchase warrant
Record date: December 1 1989
Shares trade x-rt: November 27 1989
Rt called for trade: November 27 1989
Rt trade for cash: December 14 1989
Rt expire: December 21 1989
Rt trading symbol: Tba
Rt security No: Tba
Rt Cusip No: 23975D 11 2
Wt expiry date: February 19 1990
Wt exercise price Two warrants to purchase one share at $0.85 per share up to February 20 1990
Wt trading symbol: Tba
Wt security No: Tba
Wt Cusip No: 23975 D 12 0
Unit security No: Tba
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.
