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
European Minerals
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Warrant Symbol - EPM.WT
Number Trading - 7,500,000
Expiration Date - Dec. 28, 2008
Cusip - G3192Y 11 8
Exercise Price - $1.20 (USD)
Warrant Symbol - EPM.WT.A
Number Trading - 71,888,240
Expiration Date - April 11, 2010
Cusip - G3192Y 12 6
Exercise Price - $1.20
Warrant Symbol - EPM.WT.B
Number Trading - 33.5 million
Expiration Date - March 21, 2011
Cusip - G3192Y 14 2
Exercise Price - $1.55
Warrants called to trade news:
European Minerals name change to
Orsu; symbol change
2008-07-10 17:44 MT - Change Name
TSX bulletin 2008-0776
The name of the company has been
changed to Orsu Metals Corp. At the
open on
Monday, July 14, 2008, trading will
continue in the company's securities
under the new name, new stock
symbols and new Cusip numbers listed
below:
Common shares
Old symbol: EPM
New symbol: OSU
Cusip No.: G6777T 13 1
Common share purchase warrants
Old symbol: EPM.WT
New symbol: OSU.WT
Cusip No.: G6777T 10 7
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New symbol: OSU.WT.A
Cusip No.: G6777T 11 5
Old symbol: EPM.WT.B
New symbol: OSU.WT.B
Cusip No.: G6777T 12 3
European Minerals to list 33.5 million warrants
2006-03-17 16:46 MT - Warrants Called to Trade
TSX bulletin 2006-0297
An additional 33.5 million common share purchase warrants of European
Minerals Corp. will be listed and posted for trading at the open on Tuesday,
March 21, 2006, under the following trading information:
Warant symbol: EPM.WT.B
Warrant Cusip No.: G3192Y 14 2
Designated market-maker: Bryon Securities Ltd.
Other markets: None
The listing covers warrants forming part of 67 million units sold to the
public at a price of $1.05 per unit pursuant to the terms of a prospectus
dated March 13, 2006. Each unit consists of one common share and one-half of
a warrant. The units will separate immediately upon closing of the public
offering.
Each warrant entitles the holder to purchase one common share of EMC at a
price of $1.55 per share at any time prior to 5 p.m. (Toronto time) on March
21, 2011.
The warrants are governed by the terms of a warrant indenture to be dated
March 21, 2006, between EMC and Computershare Trust Co. of Canada, as
trustee. The warrant indenture provides for appropriate adjustments to the
warrants in the event of stock dividends, subdivisions, consolidations and
other forms of capital reorganization.
European Minerals warrant terms clarification
2005-06-02 19:00 MT - Terms Clarification
TSX bulletin 2005-0656
Further to the Toronto Exchange bulletin 2004-0410 dated April 24, 2004, the common share purchase warrants of the company will expire on Dec. 23, 2008, and not Dec. 28, 2008, as previously published.
European Minerals change in Cusip numbers
2005-05-09 16:26 MT - Miscellaneous
TSX bulletin 2005-0525
European Minerals Corp. has continued its jurisdiction of incorporation into
the British Virgin Islands from Yukon. At the open on Wednesday, May 11,
2005, trading will continue in the company's common shares and common share
purchase warrants under the existing stock symbols and new Cusip numbers
listed below:
Common share symbol: EPM
Common share Cusip No.: G3192Y10 0
Warrant symbol: EPM.WT
Warrant Cusip No.: G3192Y 11 8
Warrant symbol: EPM.WT.A
Warrant Cusip No.: G3192Y 12 6
European Minerals warrants called to trade on April 11
2005-04-07 16:46 MT - Warrants Called to Trade
TSX bulletin 2005-0391
A maximum of 60 million common share purchase warrants of European Minerals
Corp. (EMC) will be listed and posted for trading at the open on Monday,
April 11, 2005, under the following trading information:
Symbol: EPM.WT.A
Cusip No.: 29879A 12 0
Designated market-maker: Bryon Securities Ltd.
Other markets: None
The listing covers warrants forming part of 120 million units sold to the
public at a price of 75 cents per unit pursuant to the terms of a prospectus
dated March 31, 2005. Each unit consists of one common share and one-half of
a warrant. The units will separate immediately upon closing of the public
offering.
Each warrant entitles the holder to purchase one common share of EMC at a
price of $1.20 per share at any time prior to 5 p.m. (Toronto time) on April
11, 2010.
The warrants are governed by the terms of a warrant indenture to be dated
April 11, 2005, between EMC and Computershare Trust Company of Canada, as
trustee. The warrant indenture provides for appropriate adjustments to the
warrants in the event of stock dividends, subdivisions, consolidations and
other forms of capital reorganization. Please see elsewhere in today's
bulletins for information regarding the additional listing of common shares.
European Minerals shares switch into Canadian currency
2004-12-09 10:09 MT - News Release
European Minerals Corp. has changed the currency in which its securities
trade on the Toronto Stock Exchange from United States dollars to Canadian
dollars.
As a result, the trading symbols for EMC's common shares and warrants will
be changed to EPM and EPM.WT, respectively.
The change in trading currency on the TSX will be effective starting Dec.
10, 2004
European Minerals symbols change
2004-12-08 17:45 MT - Symbol Change
TSX bulletin 2004-1429
Effective at the open on Dec. 10, 2004, the common shares (TSX: EPM.U) and
common share purchase warrants of the company (TSX: EPM.WT.U) will cease to
trade in United States funds, and will commence trading in Canadian funds
under the stock symbols EPM and EPM.WT, respectively. There will be no
change to the respective Cusip numbers.
European Minerals warrants called to trade
2004-04-23 16:09 MT - Warrants Called to Trade
TSX bulletin 2004-0410
A total of 7.5 million common share purchase warrants of European Minerals
will be listed and posted for trading at the open on Tuesday, April 27,
2004, under the following trading information:
Symbol: EPM.WT.U
Cusip No.: 29879A 11 2
Designated market-maker: C. Pollock, Byron Securities Ltd.
Other markets: None
The warrants were issued in connection with a brokered private placement
whereby 15 million units were issued. Each unit consisted of one common
share and one-half of a warrant, each whole warrant entitling the holder
thereof to purchase one common share at an exercise price of $1.20 (U.S.)
per share at any time prior to 5 p.m. (Toronto time) on Dec. 28, 2008.
The warrants are governed by the terms of a warrant indenture dated Dec. 23,
2003, between European and Computershare Trust Company of Canada, as
trustee. The warrant indenture provides for appropriate adjustments to the
warrants in the event of stock dividends, subdivisions, consolidations and
other forms of capital reorganization.
Canadian Market News
- 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.