Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Address: 600 - 33 Yonge St
Toronto ON M5
Phone: 416 364 1990
Fax: 416 364 8893
Website -
https://www.frontstreetcapital.com/
Warrant Symbol - CRP.WT
Number Trading - 12.5 million
Expiration Date - December 21, 2010
Cusip - 156770 11 7
Exercise Price - $13.50
Warrants called to trade news:
Ceres Global trading
symbol change to CRP
2008-02-28 19:00 MT - Symbol
Change
TSX bulletin 2008-0237
Further to Toronto Stock
Exchange bulletin 2007-1801,
dated Dec. 19, 2007, which
describes an initial public
offering of units by Ceres
Global Ag Corp., the common
shares and common share purchase
warrants comprising the units
will trade separately commencing
at the open on Monday, March 3,
2008, at which time the units
(TSX: CRP.UN) will be delisted.
Under the trading information
set out below: (i) 25,787,060
common shares will be listed, of
which 12,893,580 common shares
will be issued and 12,893,480
will be reserved; and (ii)
12,893,480 warrants will be
listed, all of which will be
issued and outstanding.
Common share symbol: CRP
Common share Cusip No.: 156770
10 9
Common share trading currency:
Canadian dollars
Warrant symbol: CRP.WT
Warrant Cusip No.: 156770 11 7
Warrant trading currency:
Canadian dollars
read more... || collapse
Designated market-maker:
Independent Trading Group
Transfer agent and registrar:
CIBC Mellon Trust Co. at its
principal offices in Toronto
Unitholders need not take any
action with respect to receiving
the common shares and warrants
upon separation of the units.
Registration of interests in and
transfers of the common shares
and warrants shall be made
through the book-based system
operated by CDS Clearing and
Depository Services Inc.
Transfers of ownership of common
shares or warrants will be
effected through records
maintained by CDS participants.
Certificates evidencing common
shares or warrants will be
issued on request for transfer
of ownership. Additional
information on the units, common
shares and warrants may be found
in the final prospectus dated
Dec. 13, 2007, which is
available at www.sedar.com.
Capitalized terms not otherwise
defined are as defined in the
prospectus.
Warrants: Each warrant entitles
the holder thereof to acquire,
subject to adjustment in certain
circumstances, one common share
at a price of $13.50 at any time
on or prior to the close on Dec.
21, 2010, after which time the
warrants will become null and
void. The warrants are governed
by the terms of the warrant
indenture dated as of Dec. 21,
2007, between the company and
CIBC Mellon Trust Co. as warrant
agent. The warrant indenture
provides for appropriate
adjustments to the rights of
holders of warrants in the event
of stock dividends,
subdivisions, consolidations or
other forms of capital
reorganization.
Dividends: The company has not
paid any dividends on its
outstanding common shares. The
board of directors, in
consultation with the manager
and/or the investment adviser,
may from time to time, and on
the basis of any earnings, the
company's financial requirements
and any other relevant factor,
consider paying dividends in the
future if operational
circumstances of the company
permit, including earnings, cash
flow, financial, and legal
requirements and business
considerations.
Ceres Global gets
$4.72-million from overallotment
2008-01-14 10:49 MT - News
Release
Ceres Global Ag Corp. has issued
an additional 393,480 units at a
price of $12 per unit, for gross
proceeds of $4,721,760, pursuant
to the exercise by the agents of
a portion of their overallotment
option. Each unit consists of
one common share in the capital
of the corporation and one
common share purchase warrant.
The units will separate into
common shares and warrants on
March 1, 2008. Each warrant
entitles the holder to acquire,
subject to adjustment in certain
circumstances, one common share
of the corporation, at a price
of $13.50 on or before Dec. 21,
2010, as described in the final
prospectus of the corporation
dated Dec. 13, 2007. Including
the overallotment option, total
gross proceeds raised under the
corporation's initial public
offering were $154,721,760. The
units, common shares and
warrants are listed on the
Toronto Stock Exchange under the
symbols CRP.UN, CRP and CRP.WT,
respectively.
The syndicate of agents was
co-led by BMO Nesbitt Burns
Inc., Credit Suisse Securities
(Canada) Inc. and Wellington
West Capital Markets Inc., and
included CIBC World Markets
Inc., RBC Dominion Securities
Inc., National Bank Financial
Inc., TD Securities Inc.,
Canaccord Capital Corp.,
Richardson Partners Financial
Ltd., and Tuscarora Capital Inc.
The corporation and Front Street
Capital 2004 (the manager) have
entered into a management
agreement, pursuant to which the
manager has agreed to manage and
administer the day-to-day
business and affairs of the
corporation. The manager has
retained Front Street Investment
Management Inc. to provide
investment advisory services to
the corporation. The investment
adviser's lead investment
manager, responsible for
managing the corporation's
agricultural assets, will be
Frank L. Mersch, who has over 29
years of experience in the
investment industry. In
addition, Muir Detlefsen &
Associates Ltd. has been
retained by the manager, on
behalf of the corporation, to
provide strategic, management
and transactional services to
the corporation. The investment
adviser and the partner will
work closely together in the
identification of non-public and
less-liquid public investments,
with the ability to potentially
acquire a controlling interest,
that present significant value
appreciation opportunities.
Ceres Global closes
$150-million IPO
2007-12-21 10:25 MT - News
Release
Ceres Global Ag Corp. has
completed its initial public
offering. At today's closing,
the corporation issued 12.5
million units at $12 per unit,
for gross proceeds of
$150-million. Each unit consists
of one common share in the
capital of the corporation and
one common share purchase
warrant. The corporation has
granted the agents an
overallotment option to acquire
up to 1,875,000 additional
units, which is exercisable at
any time during the next 30
days.
The units will separate into
common shares and warrants on
March 1, 2008. Each warrant
entitles the holder to acquire,
subject to adjustment in certain
circumstances, one common share
of the corporation at a price of
$13.50 until Dec. 21, 2010. The
units, common shares and
warrants are listed on the
Toronto Stock Exchange under the
symbols CRP.UN, CRP and CRP.WT,
respectively.
The syndicate of agents was
co-led by BMO Nesbitt Burns
Inc., Credit Suisse Securities
(Canada) Inc. and Wellington
West Capital Markets Inc., and
included CIBC World Markets
Inc., RBC Dominion Securities
Inc., National Bank Financial
Inc., TD Securities Inc.,
Canaccord Capital Corp.,
Richardson Partners Financial
Ltd. and Tuscarora Capital Inc.
The corporation and Front Street
Capital 2004 (the manager) have
entered into a management
agreement pursuant to which the
manager has agreed to manage and
administer the day-to-day
business and affairs of the
corporation. The manager has
retained Front Street Investment
Management Inc. (the investment
adviser) to provide investment
advisory services to the
corporation. The investment
adviser's lead investment
manager responsible for managing
the corporation's agricultural
assets will be Frank L. Mersch,
who has over 29 years of
experience in the investment
industry. In addition, Muir
Detlefsen & Associates Ltd. (the
partner) has been retained by
the manager, on behalf of the
corporation, to provide
strategic, management and
transactional services to the
corporation. The investment
adviser and the partner will
work closely together in the
identification of non-public and
less-liquid public investments,
with the ability to potentially
acquire a controlling interest,
that present significant
value-appreciation
opportunities.
