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 - GPR.WT
Number Trading - 3,929,391
Expiration Date - May 30 1999
Cusip - 380977 11 6
Warrants called to trade news:
1997-11-11 15:05 MT - Warrants
Called to Trade
The VSE has accepted for filing
documentation with respect to the
company's application for listing of
the company's warrants for trading
on the exchange. Effective at the
opening November 12 1997, the
warrants will begin trading.
Wt capitalization: 3,929,391
warrants, one warrant entitles the
holder to purchase one share at
$0.35 in the first year and at $0.42
in the second until May 30 1999
Wt symbol: GPR.WT
Wt Cusip No: 380977 11 6
Transfer agent: CIBC Mellon Trust
Company
1997-10-15 15:26 MT - EOP Filed
The company's EOP dated September 29
1997 has been filed with and
accepted by the VSE, and filed with
and receipted by the BCSC on October
9 1997.
Effective date: October 9 1997
Conversion date: October 22 1997
Agent: Yorkton Securities
Offering: 3,572,173 units
(3,929,391 after bonus). Each unit
consisting of one share and one
warrant. As the prospectus was not
receipted by September 29 1997, the
company is required to issue 10%
more shares and warrants to each
special warrant holder as a bonus.
Price: $0.35 per unit
Wt exercise price: $0.35 per share
in year one; $0.42 in year two
Wt expiry date: May 30 1999
Agents' Wt: 500,000 (550,000 after
bonus) warrants exercisable at $0.35
per share in year one and at $0.42
in year two until May 30 1999.
Transfer agent: CIBC Mellon Trust
Co
Wt symbol: GPR.WT
Wt Cusip No: 380977 11 6
- 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.
