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
Cambior
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Warrant Symbol - CBJ.WT
Number Trading - 22,413,462
Expiration Date - Feb. 27, 2003
Cusip 13201L 14 5
Warrant Symbol - CBJ.WT.A
Number Trading - 2,750,000
Expiration Date
Cusip 13201L 13 7
Warrant Symbol - CCBJ.WT.B
Number Trading - 13,636,364
Expiration Date - Nov. 24, 2003
Cusip 13201L 15 2
Warrant Symbol - CBJ.WT.C
Number Trading - 20 million
Expiration Date - Aug. 6, 2008
Cusip 13201L 16 0
Warrant Symbol - CBJ.WT.D
Number Trading - 12 million
Expiration Date - Oct. 14, 2006
Cusip 13201L 17 8
Warrants called to trade news:
Cambior to list warrants on
TSE
2002-03-22 13:38 ET - Miscellaneous
TSE bulletin 2002-0336
A total of 11,206,731 common share
purchase warrants of Cambior Inc.
will be
listed and posted for trading at the
open on Monday, March 25, 2002,
under the
following information:
Symbol: CBJ.WT
Cusip No: 13201L 14 5
Designated market-maker: R. Pesce
National Bank Financial Inc.
Other markets: None
The warrants were issued in
connection with a special warrant
private placement
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of one common share and one-half of a warrant. The special warrants were sold at
a price of $1.30 per special warrant. A prospectus dated March 12, 2002, qualified
for distribution the common shares and the warrants.
Each one whole warrant entitles the holder to purchase one additional common
share of Cambior at a price of $1.70 per share until 5 p.m. (Montreal time) on Feb.
27, 2003.
The warrants are governed by the terms of a warrant indenture dated Feb. 27, 2002,
between the company and CIBC Mellon Trust Company, as trustee. The warrant
indenture provides for appropriate adjustments to the warrants in the event of stock
dividends, subdivisions, consolidations and other forms of capital reorganization.
CBJ.WT.A
New issue of warrants and additional listing of common shares
1993-12-10 17:34 ET - Miscellaneous
The Montreal exchange reports
An additional 5,500,000 additional common shares and 2,750,000 warrants to
purchase common shares will be listed at the close of business on December 8
1993 and admitted to trading on the exchange on an if, as and when issued basis at
the opening of business on December 9 1993.
The common shares and warrants will be admitted to trading on a regular basis
after confirmation that the closing of the distribution, scheduled for 8:30 am
December 9 1993, has taken place.
The common shares and the warrants will be issued to the public by way of a short
form prospectus dated November 29 1993 in the form of units. The price per unit is
$20.65 and each unit consists of one common share and one-half warrant. The
units shall be separated at the closing of the offering on December 9 1993 and
certificates evidencing the common shares and separate certificates evidencing the
warrants will be available for delivery at such date.
Furthermore, an additional 2,750,000 common shares shall be reserved for
issuance upon exercise of the warrants.
If the primary distribution has not been completed on December 9 1993, members
must trade on the exchange the warrants and the common shares which have
already been distributed to the public and members of the banking and selling
groups must complete off the exchange all sales which form part of the primary
distribution under the short form prospectus of November 29 1993.
Symbol: CBJ.WT.A
Cusip No: 13201L 13 7
CBJ.WT.B
Cambior lists common shares and warrants on TSE
2002-05-14 20:15 ET - Miscellaneous
TSE bulletin 2002-0549
A total of 13,636,364 Series B common share purchase warrants of Cambior Inc.
will be listed and posted for trading at the open on Thursday, May 16, 2002, under
the following information:
Warrant symbol: CBJ.WT.B
Cusip No: 13201L 15 2
Designated market-maker: R. Pesce National Bank Financial Inc.
Other markets: None
Transfer agent: CIBC Mellon Trust at its principal offices in Montreal and Toronto
The warrants will be issued pursuant to prospectus offering dated May 9, 2002,
whereby 27,272,728 units are to be sold at a price of $2.20 per unit. Each unit
comprises one common share and one-half of one warrant. Each whole warrant
entitles the holder to purchase one common share of Cambior at a price of $3 at any
time prior to 5 p.m. (Toronto time) on Nov. 24, 2003. The common shares and the
warrants comprising the units will separate immediately upon closing of the
offering. The closing of the offering is expected to occur prior to the open on
Thursday, May 16, 2002. The warrants are governed by the terms of a warrant
indenture dated May 9, 2002, between the company and CIBC Mellon Trust
Company, as trustee. The warrant indenture provides for appropriate adjustments to
the warrants in the event of stock dividends, subdivisions, consolidations and other
forms of capital reorganization. Refer elsewhere in today's bulletins for additional
information on the listing of the common shares.
TSE bulletin 2002-550
An additional 27,272,728 common shares will be listed at the open on Thursday,
May 16, 2002. The listing will cover the common shares part of the units to be sold at
a price of $2.20 per unit pursuant to the terms of a short form prospectus dated May
9, 2002. Each unit comprises one common share and one-half of one Series B
common share purchase warrant. The common shares and the warrants
comprising the units will separate immediately upon closing of the offering. The
closing of the offering is expected to occur prior to the open on Thursday, May 16,
2002. Refer elsewhere in today's bulletins for additional information on the listing of
the warrants
CBJ.WT.C
Cambior units to trade if, as and when issued on Aug. 6
2003-08-06 18:57 ET - Miscellaneous
TSX bulletin 2003-0818
The following trader note was issued by the Toronto Stock Exchange at 8:57 a.m., on
Tuesday, Aug. 6, 2003.
Common share symbol: CBJ.I
Common share Cusip No: 13201L 96 2
Warrant symbol: CBJ.WT.C
Warrant Cusip No: 13201L 16 0
Cambior's additional common shares and Series C common share purchase
warrants will commence trading at the open on Wednesday, Aug. 6, 2003, on an if,
as when issued basis. The offering is for 40 million units at a price of $2.50 per unit.
Each unit comprises one common share and one-half of one warrant. Each whole
warrant entitles the holder to purchase one additional common share of the
company at a price of $3.75 at any time prior to 5 p.m. (Toronto time) on the date that
is the fifth anniversary from the date of the closing of the offering. The common
shares and the warrants comprising the units will separate immediately upon
closing of the offering. The closing for the prospectus is anticipated to be prior to the
open on Aug. 12, 2003.
Based on the closing of the prospectus offering on Tuesday, Aug. 12, 2003, all
trades in CBJ.I and CBJ.WT.C in the if, as and when issued market on Aug. 6, 2003,
will be for special settlement on Aug. 12, 2003, and all trades Aug. 7, 2003, to and
including Aug. 11, 2003, will be for special settlement three business days after the
trade date and all these trades will appear on the settlement report from CDS. If the
offering does not close, all of the if, as and when issued trades will be cancelled. No
securities will be delivered and no money will be owed by purchasers to sellers.
See TSX bulletin 2003-0809 dated Aug. 1, 2003, for details.
CBJ.WT.D
Cambior Series D warrants called to trade Oct. 14
2004-10-12 19:32 ET - Warrants Called to Trade
TSX bulletin 2004-1154
A total of 12 million Series D common share purchase warrants of Cambior Inc. will
be listed and posted for trading at the open on Thursday, Oct. 14, 2004, under the
following information:
Warrant symbol: CBJ.WT.D
Warrant Cusip No.: 13201L 17 8
Designated market-maker: D. Cudmore, National Bank Financial Inc.
Other markets: None
Transfer agent: CIBC Mellon Trust at its principal offices in Montreal and Toronto
The warrants will be issued pursuant to short form prospectus dated Oct. 6, 2004,
whereby 24 million units are to be sold at a price of $3.75 per unit. Each unit
comprises one common share and one-half warrant. Each whole warrant entitles
the holder to purchase one additional common share of the company at a price of
$4.35 at any time prior to 5 p.m. (Toronto time) on the date that is the second
anniversary from the date of the closing of the offering. The common shares and the
warrants comprising the units will separate immediately upon closing of the
offering. The closing of the offering is expected to occur prior to the open on
Thursday, Oct. 14, 2004. The warrants are governed by the terms of a warrant
indenture dated Oct. 6, 2004, between the company and CIBC Mellon Trust Co., as
trustee. The warrant indenture provides for appropriate adjustments to the warrants
in the event of stock dividends, subdivisions, consolidations and other forms of
capital reorganization. Details of the additional listing of the common shares can be
found elsewhere in today's bulletins.
Canadian Market News
- 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.