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Address: 2600 - 200 Bay St
Toronto Ont Canada M5J 2J2
Phone: 416 943 6448
Web Site: https://sprottresource.com
 
Warrant Symbol - SRHI.WT
Number  Trading - 21.75 million
Expiration Date - February 9, 2022
Cusip - 85209D 11 9
Exercise Price - $0.33

Warrants called to trade news:





SRHI to trade on TSX-V April 27

2021-04-19 18:47 ET - New Listing

Effective at the opening, Tuesday, April 27, 2021, the Class A common shares and common share purchase warrants of SRHI Inc. will commence trading on the TSX Venture Exchange.

Capitalization: unlimited Class A common shares with no par value, of which 55,013,042 Class A common shares and 201,137,560 common share purchase warrants are issued and outstanding (with 20 common share purchase warrants plus $6.66 entitling the holder to purchase one Class A common share of the company, expiring on Feb. 9, 2022)

Trading symbol: SRHI.WT
Cusip No.: 82554V 11 7

© 2022 Canjex Publishing Ltd. All rights reserved.

 

Sprott Resource Holdings name change to SRHI

2020-06-24 09:22 ET - Change Name

The Toronto Stock Exchange reports that Sprott Resource Holdings Inc. has changed its name to SRHI Inc., effective at the open on June 26, 2020. According to the TSX, the company's common shares will continue trading under the symbol SRHI and its common share purchase warrants will continue trading under the symbol SRHI.WT. The new Cusip numbers for the shares and warrants are No. 82554V 10 9 and No. 82554V 11 7, respectively.

© 2022 Canjex Publishing Ltd. All rights reserved.

 

Sprott Resource to list 120 million more shares

2017-04-18 09:58 MT - Prospectus Approved

As stated in its April 4, 2017, short form prospectus, Sprott Resource Holdings Inc. will issue up to 120 million units at 25 cents, with each unit consisting of one share and one warrant exercisable at 33.3 cents until 5 p.m. Toronto time on Feb. 9, 2022. According to the TSX, the additional shares and warrants underlying the units will be listed at the open on April 20, 2017, under the symbols SRHI and SRHI.WT, respectively.

© 2018 Canjex Publishing Ltd. All rights reserved.

Sprott Resource Holdings lists on TSX

2017-02-09 17:26 MT - New Listing

Also Amalgamation (C-ADI) Adriana Resources Inc
Also Amalgamation (C-SCP) Sprott Resource Corp

The Toronto Stock Exchange reports that Adriana Resources Inc. has acquired Sprott Resource Corp. (Old Sprott) and changed its name to Sprott Resource Holdings Inc. (New Sprott). According to the TSX, Old Sprott shareholders have received three shares of New Sprott per Old Sprott share held.

In addition to their existing holdings of Adriana, Adriana shareholders have received 0.25 of a New Sprott warrant per Adriana share held. Each whole New Sprott warrant will be exercisable for a New Sprott share at 33.33 cents until 5 p.m. Toronto time on Feb. 9, 2022. If, after June 9, 2017, the current market price of the New Sprott shares is greater than 58.3 cents, New Sprott may accelerate the expiry to the date that is 30 days after the provision of a warrant acceleration notice.

According to the TSX, there will be 81,138,560 New Sprott shares issued. The New Sprott shares will begin trading on the TSX at the open on Feb. 13, 2017, under the symbol SRHI and Cusip No. 85209D 10 1. The New Sprott warrants will trade under the symbol SRHI.WT and Cusip No. 85209D 11 9.

For more information, see the joint management circular dated Dec. 21, 2016.
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Warrant Terms
  • 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.
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