Regulators have approved a rights offering for Dufresnoy, Societe d’exploration miniere (ME).
Each shareholder will receive one right for each common share held. Four rights will buy one unit (comprising one share and a half-warrant) at 85 cents per unit. One warrant plus $1 will allow the holder to buy one additional share by Nov. 18.
Dufresnoy recently consolidated its shares on a 5-for-1 basis.
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