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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Symbol: RBX.WT
Robex Resources to list
warrants on TSX-V July 10
Address: 1000 - 2875 Blvd Laurier
Quebec QC Canada G1V 2M2
Phone: 581 741 7421 Fax: 581 742 7241
Web Site: https://www.robexgold.com
Number Trading: 58,294,880
Cusip No.:
ISIN:
Exercise price: $2.55
Expiry date: July 10, 2026
Warrants called to trade news:
2024-07-09 10:45 ET - News Release
Further to Robex Resources Inc.'s
June 17, 2024, news release, the
warrants (as defined herein) will
be listed for trading on the TSX
Venture Exchange under the symbol
RBX.WT, effective as of the
opening of markets on July 10,
2024.
On June 27, 2024, the company
closed its previously announced
best efforts public offering of
58,294,880 units of the company at
a price of $2.17 per unit for
gross proceeds of $126,499,889.60.
The offering was led by SCP
Resource Finance LP, as sole
bookrunner and lead agent, on
behalf of a syndicate of agents
including BMO Nesbitt Burns Inc.
Each unit comprises one common
share in the capital of the
company and one common share
purchase warrant. Each warrant
entitles the holder thereof to
acquire one common share of the
company at an exercise price of
$2.55 until the date that is two
years following the closing date
of the offering, subject to
adjustment in certain customary
events, provided that in the event
the common shares trade at a
volume-weighted average price of
$3.50 or higher over a period of
10 consecutive trading days, the
corporation can accelerate the
exercise of the warrants to 10
days after provision of notice,
which shall not be fewer than 30
calendar days following the
delivery of such notice.
We seek Safe Harbor.
© 2026 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.
