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: 2740 - 1055 W Georgia
St
Vancouver BC V6E 3R5
Phone: 604 915 5000
Fax: 604 915 5001
Website -
https://www.polarmin.com
Warrant Symbol - PLS.WT
Number Trading - 7,812,500
Expiration Date – January 8,
2011
Cusip - 731074 11 8
Exercise Price - $2.25
Warrants called to trade news:
Polaris Minerals to list
7,812,500 warrants on Jan. 8
2009-01-06 17:15 MT - Warrants
Called to Trade
TSX bulletin 2009-0027
A total of 7,812,500 common
share purchase warrants of
Polaris Minerals Corp. will be
listed and posted for trading at
the open on Thursday, Jan. 8,
2009, under the following
trading information:
Warrant symbol: PLS.WT
Warrant Cusip No.: 731074 11 8
Trading currency: Canadian
dollars
Designated market-maker: GMP
Securities LP
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 $2.25
per share at any time from the
closing date of the offering
until 5 p.m. (Vancouver time) on
Jan. 8, 2011. The warrants will
be governed by the terms of a
warrant indenture between the
company and Computershare Trust
Company 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.
