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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Website -
Click to add
Warrant Symbol - NUG.WT.A
Number Trading - 1,750,000
Expiration Date - May 8 1995
Cusip - 67051W 11 4
Warrants called to trade news:
1994-11-04 16:40 MT - New
Listing
The ASE has been advised by McDermid
St Lawrence Chisholm, agent for the
company, the offering date for the
offering of 1,750,000 units at $0.30
will be November 8 1994. Each unit
consists of one class A common share
and one warrant.
A book for the receipt of
subscriptions from other members
will not be opened on the offering
date as the offering is fully
subscribed.
The class A common shares and
warrants of Nugget Resources will be
posted for trading on the ASE at the
opening November 8 1994.
Commencement of trading may be
delayed pending receipt of final
documentation.
CLASS A COMMON SHARES
Stock symbol: NUG.A
Security code: ISM-506 111;
WCCC-506 111
Cusip No: 67051W 10 6
Transfer agent: The R-M Trust
Company
Stock symbol: NUG.WT.A
Security code: ISM-905 963;
WCCC-905 963
Cusip No: 67051W 11 4
Transfer agent: The R-M Trust
Company
Expiry: Two warrants entitle the
holder to purchase one class A
common share for $0.40 on or before
4:30 pm Calgary time May 8 1995.
- 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.
