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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Address: 1500 - 4 King St W
Toronto ON M5H 1B6
Phone: 416 504 4122
Fax: 416 504 4129
Website:
https://www.norvistaresources.com
Warrant Symbol - CVZ.WT
Number Trading - 10,917,905
Expiration Date - May 11, 2013
Cusip - 131697 11 2
Exercise Price - $1.40
Warrants Called to Trade News:
Calvista Gold closes
$17.4-million IPO
2011-05-11 07:28 MT - News
Release
Calvista Gold Corp. has
successfully completed its
initial public offering and will
commence trading on the Toronto
Stock Exchange this morning.
Calvista is focused on the
exploration and development of
its California property, located
in the California mining
district, department of
Santander, Colombia, South
America. The property comprises
a total of nine mining titles,
eight fully owned and the ninth
under option, covering an area
of approximately 168.98
hectares. Adjacent properties
include AUX Group's (formerly
Ventana Gold Corp.) La Bodega
and Aserradero properties
contiguous to the northeast and
north and Galway Resource Ltd.'s
Pie de Gallo property, also
contiguous to the northeast.
In connection with the offering,
Calvista issued a total of
17,407,300 units at a price of
$1 per unit to raise total gross
proceeds of $17,407,300, all
pursuant to a final prospectus
dated April 25, 2011. Each unit
consists of one common share of
Calvista and one-half of one
share purchase warrant, each
warrant entitling the holder
thereof to acquire one
additional common share of
Calvista at an exercise price of
$1.40 until May 11, 2013. The
offering was conducted by a
syndicate of agents led by
Haywood Securities Inc. and
including GMP Securities LP and
Stonecap Securities Inc. The
agents have also been granted an
overallotment option to sell up
to an additional three million
units at $1 per unit, which may
be exercised within 30 days
after the closing date of the
offering.
The common shares of Calvista
will trade under the symbol CVZ,
and the warrants will trade
under the symbol CVZ.WT.
read more... || collapse
- 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.
