Name - Shandon Resources Inc
Website -
Symbol - SHN.RT
Cusip Number - 81942K 11 4
Expiry Date - June 29, 1987
News Release
1987-05-22 01:00 MT - Miscellaneous
Further to the VSE notice dated effective May 21, 1987, the trading symbol, security number and Cusip number for the company's rights are as follows:
Rt trading symbol: SHN.RT
Rt security No: 834390
Rt Cusip No: 81942K 11 4
1987-05-20 01:00 MT - Rights Offering
The VSE has accepted for filing the company's statement of material facts dated May 7, 1987, which discloses the following:
The company has announced it will offer to shareholders of record on May 29, 1987, rights to purchase shares of the company.
Basis of offering: Two rights exercisable for one share at $0.16 pershare
Record date: May 29, 1987
Shares trade x-rt: May 25, 1987
Rt called to trade: May 25, 1987
Rt trade for cash: June 22, 1987
Rt expire: June 29, 1987
Trading symbol: SHN.RT
Security No: Tba
Cusip 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.
