Address: 2930 - 181 Bay St
Toronto ON M5J 2T3
Phone: 416 642 6000
Fax: 416 642 6001
Warrant Symbol - GUR.WT
Number Trading - 5 million
Expiration Date - June 30, 2010
Cusip - 379462 11 2
Exercise Price - $10.25
Warrants called to trade news:
Global Uranium Fund files
final prospectus for warrants
2009-06-12 08:24 MT - News Release
Global Uranium Fund Inc. has filed a
final prospectus relating to an
offering of warrants to equity
shareholders of the company. Each
equity shareholder of record on June
22, 2009, will receive one warrant
per equity share. One warrant will
entitle the holder to purchase an
equity share of the company at an
exercise price of $3.38 (being the
sum of the most recently published
NAV per equity share plus the
per-equity share fees and expenses
of the offering) on or before Oct.
5, 2009, the expiry date. The
company has applied to list the
warrants (under the ticker symbol
GUR.WT.B) and the equity shares
issuable on the exercise thereof on
the Toronto Stock Exchange. Warrants
will be distributed to client
accounts on a best-efforts basis
after the June 22, 2009, record
date.
Successful completion of the
warrants offering will provide the
company with additional capital that
can be used to take advantage of
attractive investment opportunities
and it is also expected to increase
the trading liquidity of the equity
shares and reduce the continuing
management expense ratio of the
company.
Global Uranium shares,
warrants trade separately July 6
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2007-07-04 16:03 MT - Miscellaneous
TSX bulletin 2007-0952
Further to Toronto Stock Exchange
bulletin No. 2007-0819, dated June
14, 2007,
which described an initial public
offering of units by Global Uranium
Fund Inc.,
the redeemable equity shares and
transferable warrants to purchase
equity shares
comprising the units will trade
separately commencing at the open on
Friday, July 6,
2007, at which time the units will
be delisted.
Under the trading information set
out below:
16,235,000 equity shares will be
listed of which 10.49 million equity
shares are issued and outstanding,
and 500,000 equity shares are
reserved for issuance; and
Warrants to purchase 5,245,000
equity shares will be listed, all of
which will be issued and
outstanding. Any fractional warrants
resulting from the separation of the
units will be rounded down.
Equity shares symbol: GUR
Cusip No.: 379462 10 4
Trading currency: Canadian dollars
Warrant symbol: GUR.WT
Cusip No.: 379462 11 2
Trading currency: Canadian dollars
Designated market-maker: Acker
Finley Inc.
Registration of interests in and
transfers of the equity shares and
warrants shall be made only through
the book-based system operated by
CDS Clearing and Depository Services
Inc. Upon purchase of any warrants
or equity shares, the shareholders
will receive only a customer
confirmation from the registered
dealer which is a CDS participant
and from or through which the
warrants or equity shares are
purchased. As the equity shares and
warrants will trade in the
book-based system of CDS,
shareholders need not take any
action with respect to receiving the
equity shares and warrants upon the
separation of the units.
Additional information on the units,
equity shares and warrants may be
found in the final prospectus dated
May 29, 2007, which is available at
www.sedar.com. Capitalized terms not
otherwise defined are as defined in
the prospectus.
Warrants: Each whole warrant
entitles the holder to purchase one
equity share of the company at a
subscription price of $10.25 on or
before 5 p.m. (Toronto time) on June
30, 2010. The warrants will be
governed by the terms of a warrant
indenture dated June 18, 2007,
between the company and
Computershare Trust Co. of Canada.
Upon the exercise of a warrant, the
company will pay a fee equal to 15
cents per warrant exercised to the
dealer whose client is exercising
the warrant and 10 cents per warrant
exercised to the agents. The warrant
indenture provides for appropriate
adjustments to the rights of holders
of warrants in the event of stock
dividends, subdivisions,
consolidations or other forms of
capital reorganization.
Redemption of equity shares: Equity
shares may be redeemed on the second
last business day of November of any
year commencing Nov. 27, 2008,
subject to certain conditions, but
in order to effect such a redemption
the equity shares must be
surrendered by the last business day
of October. Subject to the
following, shareholders whose equity
shares are redeemed will receive a
redemption price in an amount equal
to 100 per cent of net asset value
per equity share (less any costs
associated with the redemption,
including brokerage costs). For the
redemption dates occurring on Nov.
27, 2008, and Nov. 27, 2009,
shareholders must concurrently
surrender for redemption one-half of
a warrant for each equity share
surrendered for redemption and will
receive a redemption price for both
surrendered securities in an amount
equal to 100 per cent of the basic
net asset value per equity share
(less any costs associated with the
redemption, including brokerage
costs). The basic net asset value
includes the intrinsic net asset
value, if any, attributable to the
warrants.
Payment of the redemption price
will be made on or before the
applicable redemption payment date,
subject to the manager's right to
suspend redemptions in certain
circumstances. Equity shares may
also be redeemed on a monthly
redemption date, as described in the
prospectus.
Global Uranium closes
$100-million IPO
2007-06-18 08:24 MT - News Release
Mr. David Roode reports
GLOBAL URANIUM FUND INC. CLOSES
INITIAL PUBLIC OFFERING AT $100
MILLION
Global Uranium Fund Inc. has
completed its initial public
offering of 10 million units, each
consisting of one equity share and
one-half of an equity share purchase
warrant, at a price of $10 per unit
for gross proceeds of $100-million.
The company's units begin trading
June 18, 2007, on the Toronto Stock
Exchange under the symbol GUR.UN.
Global Uranium Fund has been
designed to capitalize on strong
investment fundamentals in the
uranium sector. The company's
investment objective is to provide
shareholders with the opportunity
for capital appreciation by
investing in an actively managed and
diversified portfolio of equity
securities of uranium companies. The
company will seek to achieve its
investment objective by investing
the net proceeds of the offering in
a portfolio of equity securities
that represent attractive investment
opportunities in the global
production of uranium and
development of uranium deposits. In
addition, the portfolio manager will
include securities of exploration
issuers that offer significant
growth potential.
The manager has selected UBS Global
Asset Management Co. to manage the
portfolio. The portfolio manager is
a member of UBS Global Asset
Management, one of the world's
largest asset management
organizations with $828-billion in
assets under management and over 470
investment professionals worldwide
as of Dec. 31, 2006. The portfolio
management team responsible for the
company's investment strategy will
initially consist of nine analysts
with an average of 14 years of
experience covering global markets.
The equity shares and warrants will
trade as a unit under the symbol
GUR.UN until the earlier of the
closing of the overallotment or 30
days after closing of the offering.
Thereafter, the units will separate
into freely tradable equity shares
and warrants under the symbols GUR
and GUR.WT, respectively. The
warrants may be exercised at any
time during the three-year period
ending June 30, 2010, at an exercise
price of $10.25.
The syndicate of agents for the
offering is being co-led by RBC
Capital Markets and CIBC World
Markets Inc. and includes Scotia
Capital Inc., BMO Nesbitt Burns
Inc., National Bank Financial Inc.,
HSBC Securities Inc., Canaccord
Capital Corp., Desjardins Securities
Inc., Raymond James Ltd., Blackmont
Capital Inc., Dundee Securities
Corp., IPC Securities Corp.,
Research Capital Corp., Wellington
West Capital Inc. and Richardson
Partners Financial Ltd.