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: 1400 - 1040
Georgia St W
Vancouver BC CANADA V6E 4H1
Phone: 604 992 2366
Fax: 604 992 2368
Web Site:
https://www.vaticventures.com
Warrant Symbol -
VCV.WT
Number Trading -
Expiration Date - June 27,
2020
Cusip - 92241L 11 7
Exercise Price - $0.25
Warrants called to trade news:
Vatic Ventures reminds about
rights offering deadline
2018-07-19 13:01 MT -
News Release
Only holders of Vatic's common
shares who are resident in Canada
at the close of business on June
27, 2018, are eligible, including
those holders with common shares
under a hold period. Every common
share equates to one right. Every
1.8 rights entitle the holder to
subscribe for one unit of the
company at a price of 18 cents per
unit. Each unit consists of one
common share and one common share
purchase warrant, with each
warrant entitling the holder to
purchase an additional common
share for two years at an exercise
price of 25 cents. The units have
no hold period and are immediately
tradable, which is different from
a private placement, which
typically has a four-month hold.
Additionally, the rights were
listed for trading on the TSX
Venture Exchange under the symbol
VCV.RT on June 26, 2018, until
July 25, 2018, 9 a.m. Vancouver
time, after which time unexercised
rights will be void and of no
value. The rights offering
includes an additional
subscription privilege under which
eligible holders of rights, who
fully exercise their rights, are
entitled to subscribe, on a pro
rata basis with other shareholders
who participate in the
oversubscription for units that
have not been purchased under the
rights offering. The warrants are
listed for trading on the exchange
under the trading symbol VCV.WT.
- 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.
