Name - Mystery Mountain Minerals Ltd
Website -
Symbol - MYS.RT
Cusip Number - 62864A 11 0
Expiry Date - October 31 1990
News Release
1990-08-29 16:29 MT - Miscellaneous
Further to the VSE notice dated August 27 1990, the company's trading symbol, security number and Cusip number are as follows:
Rts trading symbol: MYS.RT
Rts security No: 834285
Rts Cusip No: 62864A 11 0
1990-08-27 16:27 MT - Rights Offering
Canjex Publishing reports:
The company will offer to shareholders of record at September 6 1990, rights to purchase shares of the company. One right will be issued for each share held. Twenty rights at $1.50 are required to purchase one unit, each unit consisting of 8 flow-through shares and 2 common shares. The offer will expire on October 31 1990. As at August 27 1990, the company had 5,312,486 shares issued and outstanding.
Effective at the opening on August 30 1990, the shares of the company will trade ex-rights and the rights will be posted and called for trading on a when-issued basis. The company is classified as a venture company.
The rights will trade for cash on October 24 1990, and the rights expire on October 31 1990.
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.
