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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Warrant Symbol - EQX.WT
Number Trading - 1,383,770
Expiration Date -
Cusip - 29443T 11 8
Warrants called to trade news:
1992-12-09 16:13 MT -
Amalgamation
See Amalgamation (C-EQX) Equinox
Resources Ltd
By certificate of amalgamation dated
December 8 1992, Equinox Resources
Ltd and Eastmaque Gold Mines Ltd
have amalgamated on the following
basis:
1.. The holders of Equinox common
shares will be entitled to receive
one share of the amalgamated company
for each share held;
2.. The holders of Eastmaque common
shares will be entitled to receive
one share of the amalgamated company
for each ten shares held;
3.. For each two Eastmaque 8%
convertible preference shares held,
shareholders are entitled to
receive: One common share of the
amalgamated company; One warrant to
purchase one share of the
amalgamated company; One class A
production participating preferred
share with a par value of $1.50 of
the amalgamated company.
Effective at the opening December 11
1992, the common, preferred and
share purchase warrants of Equinox
Resources Ltd (the amalgamated
company) will be posted and called
for trading on the VSE and the
common and series A 8% convertible
preferred shares of Eastmaque Gold
Mines will be delisted at the close
of business December 10 1992.
COMMON SHARES
Capitalization: 50,000,000 shares
of which 15,577,750 are outstanding
Escrow: 1,107,500
Trading symbol: EQX
Transfer agent: Montreal Trust
Security No: 253381
Cusip No: 29443T 10 0
Capitalization: 1,500,000 shares
with a par value of $1.50 of which
1,383,770 are outstanding
Trading symbol: EQX.PR.A
Transfer agent: Montreal Trust
Security No: 253382
Cusip No: 29443T 20 9
Capitalization: 1,383,770 warrants
of which 1,383,770 are outstanding
Trading symbol: EQX.WT
Transfer agent: Montreal Trust
Security No: 887954
Cusip No: 29443T 11 8
- 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.
