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: Box 29, 408 - 1199 West
Pender St
Vancouver BC V6E 2R1
Phone: 604 694 0005
Fax: 604 684 9365
Website -
https://www.crestonmoly.com
Warrant Symbol - CMS.WT
Number Trading - 28.58 million
Expiration Date - May 9, 2010
Cusip - 22626N 11 5
Exercise Price - $0.90
Warrants called to trade news:
Creston Moly lists 28.58
million warrants
2007-12-17 16:13 MT -
Miscellaneous
Effective at the opening on
Tuesday, Dec. 18, 2007, 28.58
million common share purchase
warrants of Creston Moly Corp.
will commence trading on the TSX
Venture Exchange. The company is
classified as a mineral
exploration and development
company.
Corporate jurisdiction: Canada
Capitalization: unlimited
warrants with no par value of
which 28.58 million warrants are
issued and outstanding
Transfer agent: Computershare
Trust Company of Canada
Symbol: CMS.WT
Cusip No.: 22626N 11 5
The warrants were issued
pursuant to a private placement
of subscription receipts
completed in May, 2007, and a
warrant indenture entered into
between the company and
Computershare Trust Company of
Canada dated as of May 9, 2007,
as amended Dec. 11, 2007. Each
warrant entitles the holder to
purchase one common share of the
company at a price of 90 cents
per share and will expire on
Sunday, May 9, 2010.
- 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.
