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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Address: 900-688 West Hastings
Street
Vancouver BC V6B 1P1 Canada
Phone: (604) 688-9427
Fax: (604) 688-9426
Web Site: https://www.verisgold.com/
Warrant Symbol - VG.WT
Number Trading - 7.2 million
Expiration Date - Dec. 18, 2016
Exercise Price - $2.35
Cusip - 92346R 11 8
Warrants called to trade news:
Veris to list 3.6 million
warrants on TSX Dec. 18
2012-12-14 18:42 MT - Warrants
Called to Trade
Veris Gold Corp. will list 3.6
million share purchase warrants on
the Toronto Stock Exchange at the
open on Tuesday, Dec. 18, 2012,
according to the TSX. As in a Dec.
6, 2012, prospectus supplement,
Veris plans to sell 7.2 million
units at $2.10 each, raising
$15.12-million. Each unit consists
of one share and one-half of a share
purchase warrant. Each whole warrant
entitles the holder to buy one Veris
share for $2.35 before 4 p.m.
(Vancouver time) on the date that is
48 months from the closing of the
offering. The TSX reports the
warrants will trade under the symbol
VG.WT and Cusip No. 92346R 11 8.
© 2015 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.
