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
Mega Uranium
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Address: Box 47, 2810 - 130 King
St W
Toronto ON M5X 1A9
Phone: 416 643 7630
Fax: 416 941 1090
Website -
https://www.megauranium.com/
Warrant Symbol - MGA.WT
Number Trading - 3,392,687
Expiration Date - February 12,
2012
Cusip - 58516W 11 2
Exercise Price - $5.45
Warrant Symbol - MGA.WT.A
Number Trading - 3,418,416
Expiration Date - June 6, 2012
Cusip - 58516W 12 0
Exercise Price - $7.17
Warrant Symbol - MGA.WT.B
Number Trading - 29,412,000
Expiration Date - Oct. 26, 2014
Cusip - 58516W 14 6
Exercise Price - $6.35
Warrants called to trade news:
Mega Uranium adjusts warrant
terms due to dividend
2010-04-19 06:52 MT - News
Release
Certain of the terms of Mega
Uranium Ltd.'s outstanding
common share purchase warrants
have been adjusted effective
April 17, 2010, as a result of
the dividend in kind that was
declared on Mega's common shares
on April 7, 2010 (which is
payable on April 26, 2010, to
shareholders of record at the
close of business on April 16,
2010).
The dividend in kind constitutes
an event under the anti-dilution
provisions of the warrants which
requires adjustments to the
exercise prices of and the
number of common shares of Mega
issuable under the warrants. The
adjustments are in the tables.
read more... || collapse
2007 SERIES I WARRANTS EXPIRING FEB. 12, 2012 (TSX: MGA.WT)
Original Adjusted
Exercise price per share $6.00 $5.45
Number of shares per warrant 1.00 1.10(1)
2007 SERIES II WARRANTS EXPIRING FEB. 22, 2012 (UNLISTED)
Original Adjusted
Exercise price per share $7.90 $7.17
Number of shares per warrant 1.00 1.10(1)
2007 SERIES III WARRANTS EXPIRING JUNE 6, 2012 (TSX: MGA.WT.A)
Original Adjusted
Exercise price per share $7.00 $6.35
Number of shares per warrant 1.00 1.10(1)
2009 SERIES I WARRANTS EXPIRING OCT. 26, 2014 (TSX:MGA.WT.B)
Original Adjusted
Exercise price per share $1.25 $1.13
Acceleration price per share $2.27 $2.27
Number of shares per warrant 1.00 1.11(1)
(1) Notwithstanding the
adjustments made to the number
of common shares issuable upon
exercise of the warrants, no
fractional shares are issuable
under the terms of the warrants.
Warrantholders should refer to
the specific terms of their
warrants.
Mega Uranium to list
warrants Oct. 26
2009-10-22 18:12 MT - Warrants
Called to Trade
TSX bulletin 2009-1363
A total of 29,412,000 common
share purchase warrants of Mega
Uranium Ltd.
will be listed and posted for
trading at the opening on
Monday, Oct. 26,
2009, under the following
trading information:
Stock symbol: MGA.WT.B
Cusip No.: 58516W 14 6
Designated market-maker: Byron
Securities 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 one common share purchase
warrant. Each whole warrant
entitles the
holder to purchase one common
share of the company at a price
of $1.25 per
common share at any time until 5
p.m. (Toronto time) on the fifth
anniversary of the closing of
this offering.
In the event that at any time
after the third anniversary date
of the
closing of this offering the
20-day volume weighted average
trading price
of the common shares (symbol:
MGA) on the Toronto Stock
Exchange exceeds
$2.50, the company may
accelerate the expiry date of
the warrants by giving
notice to the holders not less
than 30 days prior to the date
fixed as the
new expiry date, and in such
case the warrants will expire on
the 30th day
after such notice has been
given.
Registration of interests in and
transfers of the warrants will
be made
only through the book-entry only
system of CDS Clearing and
Depository
Services Inc. Warrants must be
purchased, transferred and
surrendered for
retraction only through a CDS
participant. Beneficial owners
of warrants
will not have the right to
receive physical certificates
evidencing their
ownership.
The warrants will be governed by
the terms of a warrant indenture
between
the Equity Transfer & Trust
Company, 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
Stockwatch today for TSX
bulletins for information
regarding the additional listing
of common shares of the company.
Mega Uranium to list series
2007-III warrants June 13
2007-06-11 18:42 MT - Warrants
Called to Trade
TSX bulletin 2007-0796
The series 2007-III common share
purchase warrants in respect of
3,418,416
common shares of Mega Uranium
Ltd. will be listed and posted
for trading at
the open on Wednesday, June 13,
2007, under the following
trading
information.
Warrant symbol: MGA.WT.A
Warrant Cusip No.: 58516W 12 0
Trading currency: Canadian
dollars
Designated market-maker: Byron
Securities Ltd.
Other markets: None
The warrants have been issued in
connection with an acquisition
on June 6,
2007, by the company of Monster
Copper Corp. (was TSX Venture
Exchange
listed).
Each whole warrant entitles the
holder to purchase one common
share of the
company at a price of $7.00 per
share until 5 p.m. (Toronto
time) on June
6, 2012.
The warrants will be governed by
the terms of a warrant indenture
dated May
30, 2007, between the company
and Equity Transfer & Trust Co.,
as the
warrant agent. The warrant
indenture provides for
appropriate adjustments
to the warrants in the event of
stock dividends, subdivisions,
consolidations and other forms
of capital reorganization.
Mega Uranium closes
Monster Copper acquisition
2007-06-07 06:27 MT - News
Release
Mega Uranium Ltd.'s previously
announced acquisition of Monster
Copper
Corp. closed on June 6, 2007.
Under the terms of the
acquisition, Monster Copper
amalgamated with a
wholly owned subsidiary of Mega.
The resulting company will
continue to
carry on the business of Monster
Copper as a wholly owned
subsidiary of
Mega. Each six common shares of
Monster Copper were exchanged
for one
common share of Mega and
one-half of one common share
purchase warrant of
Mega, each whole purchase
warrant entitling the holder to
receive one
common share of Mega at a
purchase price of $7.00 per
share until expiry on
June 6, 2012.
Certificates evidencing the
common shares and warrants of
Mega to which the
former registered shareholders
of Monster Copper are entitled
will be
mailed by Equity Transfer &
Trust Company commencing on or
about June 11,
2007. Subject to Mega fulfilling
the customary requirements of
the Toronto
Stock Exchange, it is expected
that the warrants will commence
trading on
the TSX under the symbol
MGA.WT.A on or about June 13,
2007.
Mega Uranium to list
3,392,687 warrants on Feb. 13
2007-02-09 19:53 ET - Warrants
Called to Trade
TSX bulletin 2007-0184
It is anticipated that the
common share purchase warrants
in respect of 3,392,687 common
shares of Mega Uranium Ltd. will
be listed and posted for trading
at
the open on Tuesday, Feb. 13,
2007, under the following
trading information:
Warrant symbol: MGA.WT
Warrant Cusip No.: 58516W 11 2
Warrant trading currency:
Canadian dollars
Designated market-maker: Byron
Securities Ltd.
Other markets: None
The warrants are proposed to be
issued in connection with an
acquisition by the
company of Twenty-Seven Capital
Corp. by way of a three-cornered
amalgamation, anticipated to
close on Monday, Feb. 12, 2007.
Each whole warrant entitles the
holder to purchase one common
share of the company at a price
of $6 per share for a period of
five years from the date of
issuance.The warrants will be
governed by the terms of a
warrant Indenture dated Feb. 7,
2007, between the company and
Equity Transfer & Trust Co. as
the warrant agent. The warrant
indenture provides for
appropriate adjustments to the
warrants
in the event of stock dividends,
subdivisions, consolidations and
other forms of capital
reorganization.
The Toronto Stock Exchange will
issue a trader note prior to the
open on
Tuesday, Feb. 13, 2007,
confirming whether or not the
warrants will commence trading
at the open on Feb. 13, 2007.
Canadian Market News
- 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.