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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Warrant Symbol - RCK.WT
Address: 600 - 777 Hornby St
Vancouver BC Canada V6Z 1S4
Phone: 778 358 5200
Fax: 604 670 0033
Web Site: https://www.rocktechlithium.com
Number Trading -
4,383,800
Expiration Date -
August 19, 2025
Cusip - 77273P 11 0
Exercise Price -
$4.50
Warrants called to trade news:
Rock Tech warrants to trade on
TSX-V
2022-08-19 18:29 ET -
Prospectus Approved
New listing -- warrants
Effective at the opening on
Tuesday, Aug. 23, 2022,
4,383,800 common share purchase
warrants of the company will
commence trading on the TSX
Venture Exchange.
Capitalization: 6,382,441
warrants authorized by a warrant
indenture dated Aug. 19, 2022,
of which 4,383,800 will be
listed and posted for trading on
the TSX Venture Exchange
effective at the opening on
Tuesday, Aug. 23, 2022
Warrant exercise price/term:
$4.50 per common share to August
19, 2025, subject to
acceleration
Trading symbol: RCK.WT (new)
Cusip No.: 77273P 11 0 (new)
Of the warrants, 4,383,800 of
the outstanding warrants were
issued pursuant to a prospectus
offering. The 1,341,071 warrants
that were issued pursuant to the
private placement are subject to
a hold period under securities
legislation and will not be
listed until such time as the
hold period expires.
In the event the volume weighted
average trading price of the
common shares in the capital of
the company for any 10
consecutive trading days on the
TSX Venture Exchange exceeds
$6.75, the company will have the
right to accelerate the expiry
date of the warrants by
providing written notice to each
registered holder of warrants
and distributing a news release
within 10 business days of the
occurrence of such event.
© 2022 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.
