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Warrants Alert

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Website - http://www.uts.ca/

 

Warrant Symbol - UTS.WT
Number  Trading - 71,500,000
Expiration Date - July 9, 2005
Cusip - 903396 13 3

Warrants called to trade news

UTS Energy warrants called to trade

2004-07-07 19:17 ET - Warrants Called to Trade
TSX bulletin 2004-0790
The common share purchase warrants in respect of 71.5 million common shares
will be posted for trading at the open on Friday, July 9, 2004.

Warrant symbol:  UTS.WT
Warrant Cusip No.:  903396 13 3

Designated market-maker:  D. Unger Hampton Securities Ltd.
The warrants will be issued as part of an offering of 143 million units at 70 cents per
unit, each unit comprising one common share and one-half warrant, pursuant to the
terms of a prospectus dated June 30, 2004.

Each whole warrant entitles the holder to purchase one common share at a price of
70 cents at any time before 4:30 p.m., Calgary time, on July 9, 2005.

The warrants are governed by the terms of a warrant indenture to be dated July 9,
2004, between the company and CIBC Mellon Trust Company as trustee. The
warrant indenture provides for appropriate adjustments to be made to the holders of
warrants in the event of stock dividends, subdivisions, consolidations and other
forms of capital reorganization.




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