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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Address: 130 Adelaide Street
West, Suite 2700,
Toronto, ON, CA, M5H 3P5
Telephone: (416) 361-2821
Website: www.canadalithium.com
Facsimile: (416) 364-5400
Email: info@canadalithium.com
Warrant Symbol - CLQ.WT
Number Trading - 14,617,302
Expiration Date - September
30, 2011
Cusip - 135120 11 1
Exercise Price - $0.80
Warrants called to trade news:
Canada Lithium to list
on TSX June 24
2010-06-22 16:57 MT - New
Listing
TSX bulletin 2010-0751
An application has been granted
for the original listing in the
mining category of 182,358,029
common shares of the company, of
which 149,707,202 common shares
are issued and outstanding, and
32,650,827 common shares are
reserved for issuance.
An application has also been
granted for the listing of
14,617,302 common share purchase
warrants, of which 13,873,400
warrants are issued and
outstanding and 743.902 warrants
are reserved for issuance.
Each warrant entitles the holder
to purchase one common share at
a price of 80 cents per share at
any time prior to 5 p.m.
(Toronto time) on Sept. 30,
2011.
The common shares and warrants
will be listed and posted for
trading at the opening on
Thursday, June 24, 2010.
The company is subject to the
reporting requirements of
Section 501 of the TSX company
manual.
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- 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.
