Laurasia Resources is making a rights offering to shareholders, under which each shareholder will receive one right for every share held. Each right will entitle the shareholder to subscribe for one unit at 27 cents a unit, each unit consisting of one common share of Laurasia and one warrant. Two warrants will entitle a shareholder to subscribe for one additional share at 55 cents a share for a period of two years from the date of the initial rights offering.
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