*Additional rights*
*Shareholders will be given the right to purchase 1.8176 shares at CAD
.09 for each share held on the trading day prior to the 'Ex --Rights' date. Shareholders can also elect to subscribe for 'additional rights', to take a pro rata allocation of any rights not taken by other shareholders.*
https://www.transeuroenergy.com/s/Update.asp?ReportID=462786&_Type=Update&_Title=Consolidation-and-Rights-Issue-Explained
Does this mean that you can get additional rights for free as long as you pay 0,09 CAD for the new share ?
So it is not only the big guys who get new shares for 0,09 CAD ?
Have I understood this correct ?