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: Box 87, Charles
House Charles Street
St Helier, Jersey United Kingdom
JE2 4SF
Phone: 44 1534 747 890
Fax: 44 1534 758 708
Web Site:
https://www.lydianinternational.co.uk/
Warrant Symbol - LYD.WT
Number Trading -
99,187,500
Expiration Date -
November 26, 2017
Cusip -
Exercise Price -
$0.36
Warrants called to trade news:
Lydian subscription receipts
delisted, warrants listed
2016-05-26 19:03 MT -
Miscellaneous
The Toronto Stock Exchange
reports that Lydian
International Ltd. subscription
receipts have been halted from
trading and will be delisted
from the exchange at the close
on May 26, 2016. The TSX also
reports that Lydian's ordinary
share purchase warrants will
begin trading under the symbol
LYD.WT and Cusip No. G5724R 13
1. According to the TSX, these
actions result from the closing
of certain financing
transactions approved by company
shareholders on May 18, 2016.
The ordinary shares underlying
the receipts and the warrants
have been listed on the TSX.
© 2018 Canjex Publishing Ltd.
All rights reserved.
Lydian International closes $80M
(U.S.) in financings
2016-05-26 07:57 MT - News
Release
Lydian International Ltd. has
closed its private placements
with Orion Mine Finance and
Resource Capital Fund VI LP,
previously announced by the
company on March 14, 2016, for
total gross proceeds of
$80-million (U.S.).
In addition, concurrent with
completion of the private
placements, each of the
company's outstanding
subscription receipts was
automatically exchanged for one
Lydian ordinary share and
three-quarters of one ordinary
share purchase warrant. Each
warrant will entitle the holder
to purchase one ordinary share
of Lydian at a price of 36 cents
for a period of 18 months from
its date of issuance. The
subscription receipts will be
halted from the Toronto Stock
Exchange and delisted after
markets close on May 26, 2016.
The warrants are expected to
begin trading on May 26, 2016,
on the TSX under the ticker
symbol LYD.WT. A total of 132.25
million ordinary shares and
99,187,500 warrants will be
issued upon exchange of the
subscription receipts. Gross
proceeds from the previously
announced offering of
subscription receipts of
$38,352,500 were released to the
company on May 26, 2016.
- 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.
