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: 2288 - 1177 Hastings St
W
Vancouver BC V6E 2K3
Phone: 604 687 6263
Fax: 604 687 6267
Website -
https://www.minefinders.com/
Warrant Symbol – MFL.WT
Number Trading – 4.6 million
Expiration Date - Dec. 31, 2011
Cusip - 602900 12 8
Exercise Price - $5.00
Warrants called to trade news:
Minefinders to list 4.6
million warrants on Dec. 11
Warrants Called to Trade
TSX bulletin 2008-1423
A total of 4.6 million common
share purchase warrants of
Minefinders Corp. Ltd. will be
listed and posted for trading at
the open on Thursday, Dec. 11,
2008, under the following
trading information:
Warrant symbol: MFL.WT
Warrant Cusip No.: 602900 12 8
Warrant trading currency:
Canadian dollars
Designated market-maker: W.D.
Latimer Co. Ltd.
Other markets: None
The warrants are being issued in
connection with a prospectus
offering of units by the
company, each unit consisting of
one common share and one-half of
a warrant. Each whole warrant
entitles the holder to purchase
one additional common share of
the company at a price of $5 per
share at any time from the
closing date of the offering
until 5 p.m. (Vancouver time) on
Dec. 31, 2011.
The warrants will be governed by
the terms of a warrant indenture
between the company and
Computershare Trust Co. of
Canada, as warrant agent. The
warrant indenture will provide
for appropriate adjustments to
the warrants in the event of
stock dividends, subdivisions,
consolidations and other forms
of capital reorganization.
Please see elsewhere in today's
bulletins for information
regarding the additional listing
of common shares of the company.
- 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.
