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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Website -
https://www.highdesertgoldcorp.com
Address: 880 - 580 Hornby St
Vancouver BC V6C 3B6
Phone: 604 684 0693
Fax: 604 684 0642
Warrant Symbol - HDG.WT
Number Trading - 18.63 million
Expiration Date - Oct. 17, 2009.
Cusip - 42965Y 11 8
Exercise Price - $0.65
Warrants called to trade news:
High Desert Gold Corp
2007-10-15 19:48 MT - New Listing
TSX bulletin 2007-1447
An application has been granted for
the original listing in the mining
category of 69.49 million common
shares, of which 36 million common
shares will be issued and
outstanding and 33.49 million common
shares will be reserved for issuance
upon completion of an initial public
offering.
An application has also been granted
for the listing of 18.63 million
common share purchase warrants, of
which 15 million warrants will be
issued and outstanding and 3.63
million warrants will be reserved
for issuance upon completion of an
initial public offering. Each
warrant will entitle the holder to
purchase one common share at a price
of 65 cents until 5 p.m. (Toronto
time) on Oct. 17, 2009. The warrants
will be governed by the terms of a
warrant indenture between the
company and CIBC Mellon Trust Co.
The warrant indenture provides for
appropriate adjustments to the
warrants in the event of stock
dividends, subdivisions,
consolidations and other terms of
capital reorganization.
Listing of the common shares and
warrants will become effective at
5:01 p.m. on Tuesday, Oct. 16, 2007,
in anticipation of the public
offering closing on Wednesday, Oct.
17, 2007. The common shares and
warrants will be posted for trading
on Wednesday, Oct. 17, 2007.
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- 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.
