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THE INVESTOR'S GUIDE TO WARRANTS:
Capitalize on
the Fastest Growing Sector of the
Stock Market, Second Edition (Hardcover)
by Andrew McHattie
Rating: ISBN-10: 027303751X
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Warrant News - 1988
Warrant News Archive (1984 – Present)
| Date | Sym | Company | News |
| 15-Dec-88 | CBT | Consolidated Bel-Air Resources Ltd | Warrants Called to Trade |
| 14-Dec-88 | AVH | Adventure Vehicle Dynamics Inc | EOP Completed |
| 14-Dec-88 | RDW | Redwood Resources Inc | Warrants Called to Trade |
| 9-Dec-88 | ADL | Adrian Resources Ltd | Warrants Called to Trade |
| 9-Dec-88 | HXG | Hixon Gold Resources | EOP Conditional Listing |
| 9-Dec-88 | TSS | Trend-Set Industries International | EOP Completed |
| 8-Dec-88 | TSS | Trend-Set Industries International | EOP Date Fixed |
| 7-Dec-88 | AAM | Anglo American Resources Inc | EOP Completed |
| 5-Dec-88 | AAM | Anglo American Resources Inc | EOP Date Fixed |
| 5-Dec-88 | ACN | Auto Check Centres, Inc | EOP Completed |
| 1-Dec-88 | ACN | Auto Check Centers, Inc | EOP Date Fixed |
| 8-Nov-88 | HI | The Hello Channel Inc | EOP Conditional Listing |
| 2-Nov-88 | AHB | Athabaska Gold Resources Ltd | Warrants Called to Trade |
| 1-Nov-88 | ACN | Auto Check Centers, Inc | EOP Conditional Listing |
| 1-Nov-88 | TSS | Trend-Set Industries International | EOP Conditional Listing |
| 28-Oct-88 | DGF | Dragonfly Distributors Inc | EOP Completed |
| 14-Oct-88 | AAN | Arnada Resources B.C. Ltd | EOP Completed |
| 12-Oct-88 | AAN | Arnada Resources B.C. Ltd | EOP Date Fixed |
| 29-Sep-88 | AVH | Adventure Vehicle Dynamics Inc | EOP Conditional Listing |
| 14-Sep-88 | BIN | Bullion Range Exploration Corp | Warrants Called to Trade |
| 13-Sep-88 | NOC | Norris Communications Corp | EOP Completed |
| 12-Sep-88 | NOC | Norris Communications Corp | EOP Date Fixed |
| 9-Sep-88 | SNF | Snowfield Resources Ltd | EOP Conditional Listing |
| 1-Sep-88 | NXS | Nexus Resource Corporation | Warrants Called to Trade |
| 29-Aug-88 | BRC | Brooks Resources Ltd | Warrants Called to Trade |
| 26-Aug-88 | NOC | Norris Communications Corp | EOP Conditional Listing |
| 25-Aug-88 | BRC | Brooks Resources Ltd | EOP Conditional Listing |
| 25-Aug-88 | PVM | Progressive Minerals Ltd | Warrants Called to Trade |
| 19-Aug-88 | OGY | Ogy Petroleums Ltd | EOP Completed |
| 18-Aug-88 | OGY | Ogy Petroleums Ltd | EOP Date Fixed |
| 10-Aug-88 | OGY | Ogy Petroleums Ltd | EOP Conditional Listing |
| 10-Aug-88 | PUL | Pulse Resources Ltd | EOP Date Fixed |
| 28-Jul-88 | ONE | Current Technology Corporation | EOP Completed |
| 28-Jul-88 | TPD | Terracamp Developments Ltd | Warrants Called to Trade |
| 27-Jul-88 | BUF | Buffalo Resources Ltd | EOP Completed |
| 27-Jul-88 | ONE | Current Technology Corporation | EOP Date Fixed |
| 26-Jul-88 | MDW | Meadow Mountain Resources Ltd | EOP Date Fixed |
| 20-Jul-88 | SNW | Snow-Water Resources Ltd | Warrants Called to Trade |
| 19-Jul-88 | PUL | Pulse Resources Ltd | EOP Conditional Listing |
| 15-Jul-88 | ONE | Current Technology Corporation | Warrants Announced |
| 14-Jul-88 | HIL | Hees International Corp | Warrants Called to Trade |
| 5-Jul-88 | MDW | Meadow Mountain Resources Ltd | EOP Conditional Listing |
| 1-Jul-88 | KFR | Keefer Resources Inc | EOP Completed |
| 1-Jul-88 | TGV | Thomson Gold Ltd | EOP Completed |
| 29-Jun-88 | ICR | International Corona Resources Ltd | Amalgamation |
| 29-Jun-88 | TGV | Thomson Gold Ltd | EOP Date Fixed |
| 28-Jun-88 | TGV | Thomson Gold Ltd | EOP Conditional Listing |
| 27-Jun-88 | CUH | Cumulus Technology Inc | Warrants Called to Trade |
| 24-Jun-88 | ICR | International Corona Resources Ltd | Warrants Called to Trade |
| 24-Jun-88 | RGM | Royex Gold Mining Corporation | Amalgamation |
| 21-Jun-88 | FCP | First Calgary Petroleums Ltd | Warrants Called to Trade |
| 10-Jun-88 | CYU | Cheryl Resources Inc | Warrants Called to Trade |
| 10-Jun-88 | FPK | Flash Pack Ltd | EOP Completed |
| 9-Jun-88 | NXL | Napoleon Exploration Ltd | EOP Completed |
| 8-Jun-88 | WPI | West Pride Industries Corp | Warrants Called to Trade |
| 7-Jun-88 | DNY | Destiny Resources Ltd | Warrants Called to Trade |
| 7-Jun-88 | NXL | Napoleon Exploration Ltd | EOP Date Fixed |
| 3-Jun-88 | FPK | Flash Pack Ltd | EOP Date Fixed |
| 2-Jun-88 | GLQ | Golden Adit Resources Ltd | Warrants Called to Trade |
| 26-May-88 | BWR | Breakwater Resources Ltd | Warrants Called to Trade |
| 26-May-88 | DNU | Dundee Resources Corp | EOP Date Fixed |
| 25-May-88 | BWR | Breakwater Resources Ltd | Warrants Called to Trade |
| 19-May-88 | ARG | Argo Development Corp | Warrants Called to Trade |
| 18-May-88 | DNU | Dundee Resources Corp | EOP Conditional Listing |
| 13-May-88 | BPQ | B.C. Pacific Capital Corporation | New Listing |
| 13-May-88 | VCC | Versatile Corporation | Change Name, Rollback |
| 10-May-88 | SPF | Springfield Resources Ltd | Warrants Called to Trade |
| 6-May-88 | WPI | West Pride Industries Corp | Rights Offering |
| 4-May-88 | AGU | Angle Resources Ltd | Name Change |
| 4-May-88 | NXS | Nexus Resource Corporation | Amalgamation |
| 4-May-88 | RWR | Reward Resources Ltd | Amalgamation |
| 28-Apr-88 | BC | Bell Canada | Warrants Called to Trade |
| 26-Apr-88 | PVM | Progressive Minerals Ltd | Warrants Update |
| 22-Apr-88 | EX | Exxau Minerals Inc | EOP Conditional Listing |
| 22-Apr-88 | NXL | Napoleon Exploration Ltd | EOP Conditional Listing |
| 21-Apr-88 | CIZ | City Resources (Canada) Limited | Warrants Called to Trade |
| 21-Apr-88 | CVP | Consolidated Carma Corp | Warrants Called to Trade |
| 21-Apr-88 | PVM | Progressive Minerals Ltd | Rights Offering |
| 20-Apr-88 | ARU | Allure Industries Corporation | Warrants Called to Trade |
| 19-Apr-88 | CIZ | City Resources (Canada) Limited | Warrants Announced |
| 18-Apr-88 | LLP | Lollipop Daycare Ltd | EOP Completed |
| 15-Apr-88 | CZK | Colossus Resource Equities Inc | Warrants Called to Trade |
| 15-Apr-88 | LLP | Lollipop Daycare Ltd | EOP Date Fixed |
| 14-Apr-88 | CBM | Consolidated Boulder Mountain Res | Warrants Called to Trade |
| 12-Apr-88 | AUQ | Aurogin Resources Ltd | EOP Date Fixed |
| 12-Apr-88 | DST | Danstar Resources Ltd | Warrants Called to Trade |
| 7-Apr-88 | TCH | TEC Technology Enterprises Corp | EOP Date Fixed |
| 6-Apr-88 | PLS | Peralto Resources Corporation | Warrants Called to Trade |
| 5-Apr-88 | FTD | First Tridon Industries Inc | EOP Completed |
| 1-Apr-88 | FTD | First Tridon Industries Inc | EOP Date Fixed |
| 24-Mar-88 | ASA | Adastral Resources Ltd | EOP Completed |
| 23-Mar-88 | ASA | Adastral Resources Ltd | EOP Date Fixed |
| 23-Mar-88 | BEV | Broadway Beverages Ltd | Warrants Called to Trade |
| 22-Mar-88 | WAD | Waddy Lake Resources Inc | Warrants Called to Trade |
| 21-Mar-88 | GAU | Glen Auden Resources Limited | Warrants Called to Trade |
| 9-Mar-88 | LLP | Lollipop Daycare Ltd | EOP Conditional Listing |
| 4-Mar-88 | JFS | Johnston & Frye Securities Ltd | Cease Trade Rescinded |
| 2-Mar-88 | IWC | International Wildcat Res Warrants | Warrants Called to Trade |
| 16-Feb-88 | CIZ | City Resources (Canada) Limited | Warrants Called to Trade |
| 12-Feb-88 | CJV | Charlie O Beverages Ltd | Warrants Called to Trade |
| 12-Feb-88 | GPY | Gypsy Resources Ltd | EOP Date Fixed |
| 11-Feb-88 | GDQ | Golden Dragon Resources Ltd | Warrants Called to Trade |
| 11-Feb-88 | RDS | Radisson Inc | Warrants Called to Trade |
| 8-Feb-88 | BIN | Bullion Range Exploration Corp | EOP Completed |
| 8-Feb-88 | KNL | Centaur Resources Ltd | EOP Completed |
| 5-Feb-88 | KNL | Centaur Resources Ltd | EOP Date Fixed |
| 2-Feb-88 | KGI | Cryderman Gold Inc | EOP Completed |
| 1-Feb-88 | PEZ | Pezgold Resource Corporation | New Listing |
| 29-Jan-88 | KGI | Cryderman Gold Inc | EOP Date Fixed |
| 28-Jan-88 | KNL | Centaur Resources Ltd | EOP Conditional Listing |
| 27-Jan-88 | BIN | Bullion Range Exploration Corp | EOP Date Fixed |
| 27-Jan-88 | FL | Falconbridge Limited | Warrants Called to Trade |
| 22-Jan-88 | WHS | Western Harvest Seafarms Ltd | Warrants Called to Trade |
| 18-Jan-88 | ANY | Ancom ATM International Inc | Warrants Called to Trade |
| 8-Jan-88 | NIX | Nix-O-Tine Pharmaceuticals Ltd | EOP Date Fixed |
Visitor Map
Warrant Calculators
Warrant Calc
Intrinsic (Per Warrant)
$0.00
Fair Value (Per Warrant)
$0.00
Warrant Terms
- Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
- Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
- Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
- Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
- Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
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What Exactly is a Canadian Stock Warrant:
In Canada, a warrant is a security issued directly by a corporation (not by other traders like options) that gives you the right to buy their stock at a fixed price (the strike) for a set period (usually 2 to 5 years).Key Terms You’ll See on the TSX/TSXV:The Strike Price: The price you pay to "exercise" the warrant.The Expiry Date: The "drop-dead" date. In Canada, these are often longer than US-listed options, giving you years for your thesis to play out.The Acceleration Clause: A uniquely Canadian feature. If the company’s stock stays above a certain price for a set number of days, they can force you to exercise your warrants early. - Visualizing the Lifecycle: Visualizing the Lifecycle Unlike a stock that you can hold "forever," a warrant has a clear beginning, middle, and end.Issuance: Usually bundled into a "Unit" (1 Share + 1/2 Warrant) during a private placement or IPO.Separation: After a short period, the warrants "detach" and begin trading under their own symbol.The Exercise Window: Your opportunity to profit.Expiration: If the stock is below the strike price on this day, the warrant becomes worthless.
- How to Read Canadian Warrant Symbols: If you are looking for these on your brokerage platform you need to know the suffixes. Exchange Suffix Example: Toronto Stock Exchange SHOP.WT.TO, TSX Venture VABC.WT.VN, Canadian Securities Exchange GROW.WT.CN. Pro Tip: If a company has multiple warrants, they are lettered (e.g., ABC.WT.A, ABC.WT.B). Always check the specific terms for the letter you are buying!"
- The Math: Intrinsic vs. Time Value: Why does a warrant cost $2.00 when the stock is only $1.00 above the strike price?Intrinsic Value: The immediate "cash" value. (Stock Price - Strike Price). Time Value: The "hope" value. You are paying for the potential growth over the next few years. As the expiry date gets closer, this value disappears (a process called Time Decay).
- Tax Considerations for Canadians: Warrants behave differently than stocks in the eyes of the CRA:Capital Gains: If you buy a warrant for $0.50 and sell it for $1.50, the $1.00 profit is treated as a standard Capital Gain (only 50% is taxable). TFSA/RRSP Eligibility: Most warrants listed on a "Designated Stock Exchange" (like the TSX) are qualified investments for your TFSA or RRSP. However, unlisted warrants from private placements often are not—be careful to avoid the 50% "prohibited investment" tax! Summary: The "Hockey Stick" Payoff The reason people love warrants is the Payoff Curve. While the stock moves in a straight line, the warrant stays flat until it hits the strike price, then it curves upward with extreme speed.