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: 2300 - 1066 Hastings St
W
Vancouver BC V6E 3X2
Phone: 604 601 8240
Fax: 604 408 8893
Website: https://www.pretivm.com
Warrant Symbol - PVG.WT
Number Trading - 5.75 million
Expiration Date - April 8, 2013
Cusip -
Exercise Price - $12.50
Warrants called to trade news:
Pretium Resources to list
warrants on TSX
2011-04-06 16:50 MT - Warrants
Called to Trade
Pretium Resources Inc. will list
5.75 million warrants on the
Toronto Stock Exchange at the
open on Friday, April 8, 2011,
according to the TSX. As in an
April 4, 2011, short form
prospectus, the company is
issuing the warrants in
connection with a unit offering
on a secondary basis. Silver
Standard Resources Inc. is
selling 11.5 million Pretium
units to the public at $10. Each
units consists of one Pretium
common share and one-half
Pretium warrant. Each warrant
entitles the holder to buy one
Pretium share from Silver
Standard at $12.50 before 4 p.m.
(Vancouver time) for two years.
- 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.
