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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Toronto ON CANADA M5X 1C7
Phone: 888 440 3411
Fax: 888 398 8856
Web Site:
https://www.galeforcepetroleum.com
Warrant Symbol - GFP.WT
Number Trading - 19,821,500
Expiration Date - April 10, 2014
Exercise Price - $0.30
Cusip - 36320R115
Warrants called to trade news:
Gale Force Petroleum
warrants list on TSX-V
2012-09-14 15:33 MT - Warrants
Called to Trade
Effective at the opening, on Monday,
Sept. 17, 2012, the share purchase
warrants of the company will
commence trading on the TSX Venture
Exchange. The company is classified
as an oil and gas extraction (NAICS
No. 21111) company.
Capitalization: 19,821,500 warrants
issued and outstanding
Trading symbol: GFP.WT
Cusip No.: 36320R115
Each warrant allows the holder to
purchase one common share at an
exercise price of 30 cents until
Thursday, April 10, 2014.
Of these 19,821,500 warrants, three
million warrants were granted
pursuant to the acquisition of the
Texas Reef properties that was
accepted for filing by the exchange
effective on April 30, 2012,
8,421,500 warrants were granted
pursuant to a private placement of
16,843,000 units at a price of 25
cents per unit that was accepted for
filing by the exchange effective on
May 9, 2012, and 8.4 million
warrants were granted pursuant to
the acquisition of assets from Great
GulfCan Energy Inc. that was
accepted for filing by the exchange
effective on Sept. 11, 2012.
© 2015 Canjex Publishing Ltd. All
rights reserved.
- 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.
