Name - Vanguard Venture Corporation
Website -
Symbol - VV.RT
Cusip Number - 921917 11 8
Expiry Date - September 22 1988
News Release
1988-09-01 16:49 MT - Miscellaneous
Further to the VSE notice dated August 30 1988, the trading symbol etc, for the company's rights are as follows:
Rt trading symbol: VV.RT
Rt security No: 834498
Rt Cusip No: 921917 11 8
1988-08-30 16:37 MT - Rights Offering
The company has announced it will offer to shareholders of record on September 8 1988 rights to purchase shares of the company.
SUMMARY
Basis of offering: Four rights exercisable for one share at $0.55 per share
Record date: September 8 1988
Shares trade x-rt: September 2 1988
Rt called for trade: September 2 1988
Rt trade for cash: September 15 1988
Rt expire: September 22 1988
Trading symbol: Tba
Security No: Tba
Cusip No: 921917 11 8
Dividend per share: $0.04
Payable date: September 30 1988
Record date: September 23 1988
Ex-dividend date: September 19 1988
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.
Vanguard Venture Corporation
