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: Box 99, 3680 - 130 King St W
Toronto ON Canada M5X 1B1
Phone: 416 214 4654
Fax: 416 599 4959
Web Site: https://www.treasurymetals.com
Warrant Symbol - TML.WT
Number Trading -
11,666,666
Expiration Date -
Aug. 7, 2023
Cusip -
EExercise Price - $1.50
Warrants called to trade news:/strong>
Treasury Metals warrants to trade
on TSX
2021-07-09 19:04 ET -
Warrants Called to Trade
The Toronto Stock Exchange reports
that Treasury Metals Inc. will
list 11,666,666 warrants for
trading on the TSX at the open on
July 15, 2021, under the symbol
TML.WT, in Canadian dollars and
under Cusip No. 894647 24 7.
According to the TSX, the listing
is a result of a distribution
whereby First Mining Gold Corp.
will distribute, to shareholders
of record at the close on July 14,
2021, 23,333,333 Treasury Metals
shares and 11,666,666 warrants.
As stated in First Mining's news
release dated July 5, 2021, each
Treasury Metals warrant is
exercisable, on a cashless basis
only, for one share of Treasury
Metals at an exercise price of
$1.50 per share until Aug. 7,
2023. The TSX notes that holders
of warrants who hold their
warrants through CDS and who wish
to exercise their warrants must
withdraw their position from CDS
and exercise directly to the
warrant agent.
For more information, see First
Mining's management information
circular dated May 18, 2021,
available on SEDAR.
© 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.
