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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://en.medicalintelligence.ca/iiix/home/

 

Warrant Symbol - MIZ.WT
Number  Trading - 4,791,705
Expiration Date - Sept. 28, 2007
Cusip - 58458F 12 7

Warrant Symbol - MIZ.WT.A
Number  Trading - 11.53 million
Expiration Date - Oct. 20, 2008
Cusip - 58458F 13 5

Warrants called to trade news:




Medical Intelligence warrants begin trading

2007-04-18 14:34 MT - Warrants Called to Trade
Reference is made to the TSX Venture Exchange bulletin dated April 17, 2007, with respect to the company's prospectus offering dated April 10, 2007.

The TSX Venture Exchange has received confirmation that the closing has occurred.

The gross proceeds received by the company for the offering are $15-million (23,076,923 units at 65 cents per unit). Each unit consists of one share and one-half of one common share purchase warrant. Each warrant entitles the holder to purchase one common share at 85 cents until Oct. 20, 2008.

The shares purchase warrants of the company that were issued pursuant to the prospectus of April 10, 2007, commenced trading at the opening of business today, Wednesday, April 18, 2007.
 
Medical Intelligence to list 11.53 million warrants
 
2007-04-17 14:19 MT - Warrants Called to Trade
Effective at the opening, Wednesday, April 18, 2007, warrants issued pursuant to the company's prospectus unit offering dated April 10, 2007, will commence trading on the TSX Venture Exchange, upon confirmation of closing. The company is classified as a measuring, medical and controlling devices manufacturing company.

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Warrant Terms
  • 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.
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