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
Address: 1800 - 421 7th
Ave SW
Calgary AB Canada T2P 4K9
Phone: 403 261 2747
Web Site:
https://www.pipestonecorp.com
Warrant Symbol - PIPE.WT
Number Trading - 175,188,092
Expiration Date - May 19, 2021
Cusip - 724112 11 5
Exercise Price - $3.00
Warrants called to trade news:
Pipestone Energy to be delisted
from TSX-V
2020-12-14 16:34 MT -
Shares Delisted from TSX-V
The TSX Venture Exchange has been
advised that the company's shares
and warrants will be listed and
commence trading on the Toronto
Stock Exchange at the opening on
Wednesday, Dec. 16, 2020, under
the symbol PIPE and PIPE.WT,
respectively.
As a result of this graduation,
there will be no further trading
under the symbol PIPE and PIPE.WT
on the TSX Venture Exchange after
Dec. 15, 2020, and the company's
shares and warrants will be
delisted from the TSX Venture
Exchange at the commencement of
trading on the Toronto Stock
Exchange.
Pipestone Energy warrants
amended
2019-01-16 16:48 MT -
Miscellaneous
Pursuant to the original TSX
Venture Exchange bulletin dated
May 24, 2016, and further to the
TSX Venture Exchange bulletins
dated Jan. 7, 2019, and Jan. 10,
2019, the following changes to the
warrants have been made.
Reference is made to the company's
Jan. 4, 2019, news release and
warrant indenture dated May 19,
2016, amended by way of a
supplemental and restated warrant
indenture dated Jan. 4, 2019.
Pursuant to the amended and
restated arrangement agreement
dated Oct. 29, 2018, effective
Jan. 4, 2019, holders of Blackbird
shares received, for each
Blackbird share held, one-10th of
one share (0.1) of the company and
one Class A common share of Stage
Holdco, and as such the exercise
terms under the supplemental
warrant indenture are amended as
follows:
10 warrants plus $3 equal to one
common share of the company (Cusip
No. 724112107) plus 10 Stage
Holdco shares (Cusip No.
85255T109).
Capitalization: 176.41 million
warrants, authorized by a warrant
indenture dated May 19, 2016, and
amended Jan. 4, 2019, of which
175,188,092 warrants are issued
and outstanding
Trading symbol: PIPE.WT (new)
Cusip No.: 724112 11 5 (new)
As a result of the exchange ratio,
every 10 warrants are now
exercisable for one common share
of the company at an exercise
price of $3.00 and will expire
Monday, May 19, 2021.
© 2019 Canjex Publishing Ltd. All
rights reserved.
- 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.
