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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Address:
https://www.lowellcopper.com
Warrant Symbol - JDL.WT
Number Trading - 71,950,277
Expiration Date - October 6,
2021
Cusip -
Exercise Price - $3.00
Warrants called to trade news:
JDL Gold name change to Trek
Mining
2017-03-30 14:32 MT - New
Listing
Pursuant to a resolution passed
by JDL Gold Corp.'s directors on
March 1, 2017, the company's
name will change to Trek Mining
Inc. There is no consolidation
of capital.
In addition, as part of the
company's plan of arrangement
with Luna Gold Corp., an
additional 41,709,586 warrants
will be issued under the same
terms.
The warrants were issued
pursuant to warrant indenture
dated Sept. 27, 2016, entered
into between Lowell Copper Ltd.
and Computershare Trust Company
of Canada, as supplemented by a
warrant indenture supplement
dated Oct. 4, 2016, entered into
between Lowell and
Computershare, a warrant
indenture supplement dated March
2, 2017, entered into between
JDL and Computershare and a
warrant indenture supplement to
be dated April 3, 2017, to be
entered into between Trek Mining
and Computershare. Each whole
warrant entitles the holder to
purchase one common share at a
price of $3 per share and will
expire on Oct. 6, 2021.
Effective at the open on Friday,
March 31, 2017, the warrants of
Trek Mining will commence
trading on the TSX Venture
Exchange, and the warrants of
JDL Gold will be delisted. The
company is classified as a
mineral exploration and
development company.
Capitalization: 71,950,277
warrants with no par value, of
which 71,950,277 warrants are
issued and outstanding
Transfer agent: Computershare
Trust Company of Canada
Trading symbol: TREK.WT (new)
Cusip No.: 89473C112 (new)
© 2018 Canjex Publishing Ltd.
All rights reserved.
Luna Gold, JDL Gold to
merge
2017-02-01 16:00 MT - News
Release
Luna Gold Corp. and JDL Gold
Corp. have entered into an
arrangement agreement to combine
their businesses, creating a
multiasset mining company. The
combined company intends to
change its name to Trek Mining
Inc. and expects to trade on the
TSX Venture Exchange under the
ticker symbol TREK. All amounts
are in U.S. dollars unless
otherwise indicated.
Each subscription receipt will
entitle the holder to receive
automatically upon closing of
the transaction, without any
further action on the part of
the holder and without payment
of additional consideration, one
unit, comprising one JDL common
share and one JDL-listed common
share purchase warrant. Each
warrant will have the same terms
as the existing JDL common share
purchase warrants listed on the
TSX Venture Exchange under the
ticker symbol JDL.WT and will
entitle the holder to acquire
one common share of Trek at an
exercise price of $3 (Canadian)
with an expiry date of Oct. 6,
2021.
JDL Gold warrants to
trade on TSX-V Oct. 7
2016-10-06 16:24 MT - Warrants
Called to Trade
Effective at the opening,
Friday, Oct. 7, 2016, warrants
of the company will commence
trading on the TSX Venture
Exchange. JDL Gold is classified
as a mineral exploration and
development company.
Capitalization: 30,240,691
warrants issued and outstanding
Trading symbol: JDL.WT
Cusip No.: 46620G115
The warrants were issued
pursuant to a warrant indenture
dated Sept. 27, 2016, and as
amended Oct. 4, 2016. One
warrant entitles the holder to
purchase one share in the
capital of the company at a
price of $3 per share and will
expire on Oct. 6, 2021.
© 2018 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.
