Rights Offering

Examples

 

Rights Offering Examples

Issuer

Rights Offering
Launch Date

Industry

Offering Price $
(% Discount from Prior Closing Price)

Closing Amount $
(% of Offering)

Market Price Today
(Sept. 9, 2019)

Burcon NutraScience
Corporation (TSX: BU)
May 30, 2019 Food Tech.

$0.35
(46% discount)

$15.4 million
(100% sold)

$1.44
Coro Mining Corp.
(TSX: COP)
Aug. 31, 2018 Mining

$0.05
(47.4% discount)

$33.6 million
(100% sold)

$0.095
Western Resources Corp.
(TSX: WRX)
Mar. 6, 2019 Mining

$0.12
(56% discount)

$11 million
(100% sold)

$0.27
Sandfire Resources America Inc.
(TSX-V: SFR)
Sep. 27, 2018 Mining
(Copper)

$0.06
(33% discount)

$18.8 million
(100% sold)

$0.28
CGX Energy Inc.
(TSX-V: OYL)
Feb. 11, 2019 Oil and Gas

$0.25
(40% discount)

$29.2 million
(100% sold)

$1.03
Valore Metals Corp.
(TSX-V: VO)
Dec. 3, 2018 Mining

$0.10
(57% discount)

$2.45 million
(100% sold)

$0.28