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Books
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 News - 1985
Warrant News Archive (1984 – Present)
| Date | Sym | Company | News |
| 30-Dec-85 | GLG | Glamis Gold Ltd | Warrants Called to Trade |
| 23-Dec-85 | AHG | Anchor Gold Corporation | Warrants Called to Trade |
| 23-Dec-85 | CUU | Calnor Resources Ltd | Warrants Called to Trade |
| 20-Dec-85 | CBB | Cobra Enterprises Ltd | Warrants Called to Trade |
| 19-Dec-85 | CWK | Cam-Net Communications Network Inc | Warrants Called to Trade |
| 17-Dec-85 | DIT | Diversified Technology Inc | Warrants Called to Trade |
| 17-Dec-85 | MGM | Morgain Minerals Inc | Warrants Called to Trade |
| 17-Dec-85 | MNF | Manitou Reef Resources Inc | Warrants Called to Trade |
| 10-Dec-85 | AOS | Alotta Resources Ltd | Warrants Called to Trade |
| 9-Dec-85 | PNC | Pencrude Resources Ltd | Warrants Called to Trade |
| 6-Dec-85 | FKM | Fort Knox Minerals Ltd | Warrants Called to Trade |
| 3-Dec-85 | ACL | Achilles Resources Ltd | Warrants Called to Trade |
| 2-Dec-85 | DST | Danstar Resources Ltd | Warrants Called to Trade |
| 26-Nov-85 | BRI | Brican Resources Ltd | Warrants Called to Trade |
| 25-Nov-85 | MAV | Massive Energy Limited | Warrants Called to Trade |
| 20-Nov-85 | NPM | New Privateer Mines Ltd | Warrants Called to Trade |
| 12-Nov-85 | ELI | E L E Energy Inc | Warrants Called to Trade |
| 11-Nov-85 | ESI | ESI Industries Corp | Warrants Called to Trade |
| 23-Oct-85 | ILT | International Telepool Corp | Warrants Called to Trade |
| 22-Oct-85 | GOB | Goldbrae Developments Ltd | Warrants Called to Trade |
| 18-Oct-85 | CYT | Cassidy Resources Ltd | Warrants Called to Trade |
| 16-Oct-85 | IFS | International Focus Resources Inc | Warrants Called to Trade |
| 16-Oct-85 | MTL | Monte Christo Res Ltd | Warrants Called to Trade |
| 14-Oct-85 | LBM | Liberty Bell Mines Inc | Warrants Called to Trade |
| 14-Oct-85 | NXP | Noxe Petroleum Corporation | Warrants Called to Trade |
| 8-Oct-85 | GES | Genesis Resources Corporation | Warrants Called to Trade |
| 8-Oct-85 | MNF | Manitou Reef Resources Inc | Warrants Called to Trade |
| 4-Oct-85 | VCD | Victoria Diego Resource Corporation | Warrants Called to Trade |
| 1-Oct-85 | MCR | Micron Resources Ltd | Warrants Called to Trade |
| 30-Sep-85 | CHS | Chutine Resources Ltd | Warrants Called to Trade |
| 30-Sep-85 | GGE | Golden Group Explorations Inc | Warrants Called to Trade |
| 27-Sep-85 | BMM | Butler Mountain Minerals Corp | Warrants Called to Trade |
| 27-Sep-85 | GQR | Golden Quail Resources Ltd | Warrants Called to Trade |
| 26-Sep-85 | IQT | Interquest Resources Corp | Warrants Called to Trade |
| 24-Sep-85 | SMM | Sheen Minerals Inc | Warrants Called to Trade |
| 20-Sep-85 | MGT | Magenta Development Corporation | Warrants Called to Trade |
| 20-Sep-85 | TRO | Tarron Resources Ltd | Warrants Called to Trade |
| 19-Sep-85 | RRE | Reg Resources Corporation | Warrants Called to Trade |
| 17-Sep-85 | ADA | Adola Mining Corporation | Warrants Called to Trade |
| 17-Sep-85 | RRE | Reg Resources Corporation | Warrants Called to Trade |
| 10-Sep-85 | BRE | Brower Explorations Ltd | Warrants Called to Trade |
| 10-Sep-85 | CFA | California Gold Mines Ltd | Warrants Called to Trade |
| 10-Sep-85 | RGA | Regal Petroleum Ltd | Warrants Called to Trade |
| 9-Sep-85 | CPU | M E Compu Software Inc | Warrants Called to Trade |
| 9-Sep-85 | LTG | Lightning Minerals Inc | Warrants Called to Trade |
| 5-Sep-85 | BLK | Black Diamond Resources Ltd | Warrants Called to Trade |
| 3-Sep-85 | KDL | Kerrisdale Resources Ltd | Warrants Called to Trade |
| 28-Aug-85 | AVO | Avino Mines & Resources Ltd | Warrants Called to Trade |
| 21-Aug-85 | BIM | Big M Petroleum Inc | Warrants Called to Trade |
| 21-Aug-85 | ICR | International Corona Resources Ltd | Warrants Called to Trade |
| 20-Aug-85 | CIP | Canadian Premium Resource Corp | Warrants Called to Trade |
| 20-Aug-85 | HTV | Hi Tech Ventures Ltd | Warrants Called to Trade |
| 16-Aug-85 | WPR | Widescope Resources Ltd | Warrants Called to Trade |
| 15-Aug-85 | CCJ | Concert Resources Inc | Warrants Called to Trade |
| 12-Aug-85 | HEX | Hemlo Explorations Ltd | Warrants Called to Trade |
| 8-Aug-85 | ILM | International March Res Ltd | Warrants Called to Trade |
| 6-Aug-85 | SKE | Skeena Resources Ltd | Warrants Called to Trade |
| 31-Jul-85 | LAX | Laurel Explorations Ltd | Warrants Called to Trade |
| 19-Jul-85 | KYK | Kelley-Kerr Energy Corporation | Warrants Called to Trade |
| 18-Jul-85 | NMZ | Norman Resources Ltd | Warrants Called to Trade |
| 12-Jul-85 | GVR | Granville Resources Inc | Warrants Called to Trade |
| 9-Jul-85 | CHW | Chatwood Resources Ltd | Warrants Called to Trade |
| 1-Jul-85 | TTL | Torrent Resources Ltd | Warrants Called to Trade |
| 26-Jun-85 | KRY | Kerry Mining Ltd | Warrants Called to Trade |
| 18-Jun-85 | NGM | New Ridge Resources Ltd | Warrants Called to Trade |
| 14-Jun-85 | BUL | The Bullet Group Inc. | Warrants Called to Trade |
| 14-Jun-85 | OSY | Odyssey Resources Ltd | Warrants Called to Trade |
| 29-May-85 | THT | Thrust Resources Inc | Warrants Called to Trade |
| 29-May-85 | WTR | Warstar Resources Inc | Warrants Called to Trade |
| 27-May-85 | FBM | Ferber Mining Corporation | Warrants Called to Trade |
| 21-May-85 | CAL | Capella Resources Ltd | Warrants Called to Trade |
| 21-May-85 | GBL | Goldenbell Resources Inc | Warrants Called to Trade |
| 20-May-85 | VEO | Veronex Resources Ltd | Warrants Called to Trade |
| 9-May-85 | GIC | Galit Resource Corporation | Warrants Called to Trade |
| 6-May-85 | LTS | Lifetrends Behavioral Systems Inc | New Listing |
| 30-Apr-85 | NUR | Nuspar Resources Ltd | Warrants Called to Trade |
| 22-Apr-85 | WTE | Westate Resources Inc | Warrants Called to Trade |
| 19-Apr-85 | LVN | Levon Resources Ltd | Warrants Called to Trade |
| 16-Apr-85 | CVZ | Caara Ventures Inc | Warrants Called to Trade |
| 3-Apr-85 | ELK | Emerald Lake Resources Inc | Warrants Called to Trade |
| 3-Apr-85 | WTZ | Western Trinity Resources Corp | Warrants Called to Trade |
| 28-Mar-85 | GES | Genesis Resources Corporation | Warrants Called to Trade |
| 28-Mar-85 | STW | Southwest Technologies Inc | Warrants Called to Trade |
| 21-Mar-85 | RCO | Rococco Resources Ltd | Warrants Called to Trade |
| 14-Mar-85 | ASK | Alaska Apollo Gold Mines Ltd | Warrants Called to Trade |
| 6-Mar-85 | AMB | Amberquest Resources Ltd | Warrants Called to Trade |
| 1-Mar-85 | DOX | Dolphin Explorations Ltd | Warrants Called to Trade |
| 25-Feb-85 | BRQ | Baroque Resources Ltd | Warrants Called to Trade |
| 25-Feb-85 | PTC | Princeton Resources Corp | Warrants Called to Trade |
| 20-Feb-85 | NGV | New Goldcore Ventures Ltd | Warrants Called to Trade |
| 14-Feb-85 | AAP | Amstar American Petroleum Corp | Warrants Called to Trade |
| 14-Feb-85 | FTK | Futurtek Communications Ltd | Warrants Called to Trade |
| 13-Feb-85 | MMA | Maymac Petroleum Corp | Warrants Called to Trade |
| 8-Feb-85 | HIX | Helix Systems Limited | Warrants Called to Trade |
| 4-Feb-85 | ALU | Amble Resources Ltd | Warrants Called to Trade |
| 24-Jan-85 | AGM | Avalon Resources Inc | Warrants Called to Trade |
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Warrant Calculators
Warrant Calc
Intrinsic (Per Warrant)
$0.00
Fair Value (Per Warrant)
$0.00
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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What Exactly is a Canadian Stock Warrant:
In Canada, a warrant is a security issued directly by a corporation (not by other traders like options) that gives you the right to buy their stock at a fixed price (the strike) for a set period (usually 2 to 5 years).Key Terms You’ll See on the TSX/TSXV:The Strike Price: The price you pay to "exercise" the warrant.The Expiry Date: The "drop-dead" date. In Canada, these are often longer than US-listed options, giving you years for your thesis to play out.The Acceleration Clause: A uniquely Canadian feature. If the company’s stock stays above a certain price for a set number of days, they can force you to exercise your warrants early. - Visualizing the Lifecycle: Visualizing the Lifecycle Unlike a stock that you can hold "forever," a warrant has a clear beginning, middle, and end.Issuance: Usually bundled into a "Unit" (1 Share + 1/2 Warrant) during a private placement or IPO.Separation: After a short period, the warrants "detach" and begin trading under their own symbol.The Exercise Window: Your opportunity to profit.Expiration: If the stock is below the strike price on this day, the warrant becomes worthless.
- How to Read Canadian Warrant Symbols: If you are looking for these on your brokerage platform you need to know the suffixes. Exchange Suffix Example: Toronto Stock Exchange SHOP.WT.TO, TSX Venture VABC.WT.VN, Canadian Securities Exchange GROW.WT.CN. Pro Tip: If a company has multiple warrants, they are lettered (e.g., ABC.WT.A, ABC.WT.B). Always check the specific terms for the letter you are buying!"
- The Math: Intrinsic vs. Time Value: Why does a warrant cost $2.00 when the stock is only $1.00 above the strike price?Intrinsic Value: The immediate "cash" value. (Stock Price - Strike Price). Time Value: The "hope" value. You are paying for the potential growth over the next few years. As the expiry date gets closer, this value disappears (a process called Time Decay).
- Tax Considerations for Canadians: Warrants behave differently than stocks in the eyes of the CRA:Capital Gains: If you buy a warrant for $0.50 and sell it for $1.50, the $1.00 profit is treated as a standard Capital Gain (only 50% is taxable). TFSA/RRSP Eligibility: Most warrants listed on a "Designated Stock Exchange" (like the TSX) are qualified investments for your TFSA or RRSP. However, unlisted warrants from private placements often are not—be careful to avoid the 50% "prohibited investment" tax! Summary: The "Hockey Stick" Payoff The reason people love warrants is the Payoff Curve. While the stock moves in a straight line, the warrant stays flat until it hits the strike price, then it curves upward with extreme speed.