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 - RWR.WT.A
Number Trading - 600,000
Expiration Date - April 4, 1988
Cusip - 76155C 11 4
Warrants called to trade news:
1988-05-04 17:01 MT - Change
Name, Amalgamation
See Amalgamation (NXS) Nexus
Resource Corporation, Angle Resources Ltd (AGU),
Reward Resources Ltd (RWR)
By certificate of amalgamation
issued by the registrar of companies
on May 4 1988, Angle Resources Ltd,
Nexus Resource Corporation and
Reward Resources Ltd have
amalgamated on the following basis:
(a). The holders of Angle Resources
Ltd common shares will be entitled
to receive 0.89 common shares of the
amalgamated company for each one
share held;
(b). The holders of Nexus Resource
Corporation common shares will be
entitled to receive one common share
of the amalgamated company for each
one share held;
(c). The holders of Reward Resources
Ltd common shares will be entitled
to receive 0.33 common share of the
amalgamated company for each one
share held.
Existing Angle Resources Ltd series
A share purchase warrants:
The issued and outstanding series A
share purchase warrants of Angle
Resources Ltd will continue to trade
through the facilities of the VSE
and will entitle the holder thereof
to purchase shares of Nexus Resource
Corporation on the following terms:
Two warrants may be exercised to
purchase 0.89 shares of Nexus
Resource Corporation (the
amalgamated company) at any time up
to the close of business December 19
1988 at a price of $2.10 per share.
Wt symbol: AGU.WT.A
Wt security No: 875302
Wt Cusip No: 03476C 11 0
Capitalization: 300,000,000 shares
of which 13,320,209 shares are
issued and outstanding
Escrow: 833,927
Transfer agent: National Trust
Company
Security No: 484713
Cusip No: 652900 10 1
1987-10-05 01:00 MT -
Warrants Called to Trade
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- 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.
