Name - OnX Enterprise Solutions Inc
Website -
Symbol - ON.RT
Cusip Number - 68338V 11 9
Expiry Date - Oct. 30, 2002
News Releases
OnX Enterprise rights offering
2002-10-02 17:43 MT - Rights Offering
TSX bulletin 2002-1048
Symbol: ON.RT
Cusip No: 68338V 11 9
Shareholder entitlement: One right for each common share held on the recorddate
Terms of the rights: Six rights plus 16 cents entitles the holder to subscribefor one unit. Each unit consists of one commonshare and one-half of one common share purchasewarrant.
Expiry time of the rights: 5 p.m. (Toronto time), Oct. 30, 2002
Ex-rights date: Oct. 4, 2002
Record date: Oct. 8, 2002
Designated market maker: B. Warren,RBC Dominion Securities Inc.
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.
