Donations
If you find this site informative please donate, every  donation helps us keep up with hosting costs. Thanks!  
   
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



Charts

Gold Prices
Gold Price Chart

Silver Prices
Silver Price Chart

Platinum Prices
Platinum Price Chart

Palladium Prices
Palladium Price Chart


Visitors
Flag Counter


Warrant News Archive (1984 – Present)




Date Sym Company News
       
31-Dec-86 TZN Tchaikazan Enterprises Inc Warrants Called to Trade
24-Dec-86 BIL Billikin Resources Inc Warrants Called to Trade
23-Dec-86 MNL McConnell-Peel Resources Ltd Rights Offering
22-Dec-86 IGW Image West Entertainment Corp Warrants Called to Trade
22-Dec-86 MTD Mintel International Dev Corp Warrants Called to Trade
9-Dec-86 HYN Halcyon Resources Ltd New Listing
21-Nov-86 BWE Brewmaster Systems Ltd Warrants Called to Trade
17-Nov-86 CKY Consolidated McKinney Resources Inc Warrants Called to Trade
10-Nov-86 LMS Loadmaster Systems Inc Warrants Called to Trade
6-Nov-86 LSG Loh's Sinfully Good Ice Cream Warrants Called to Trade
6-Nov-86 PDE Pride Resources Ltd Warrants Called to Trade
20-Oct-86 ODS Odessa Explorations Ltd Warrants Called to Trade
9-Oct-86 BHD Bighorn Development Corp Warrants Called to Trade
6-Oct-86 TZE Topaz Exploration Ltd Warrants Called to Trade
1-Oct-86 SRY Stryker Resources Ltd Warrants Called to Trade
29-Sep-86 ICR International Corona Resources Ltd Warrants Called to Trade
23-Sep-86 BKP Black Pearl Resources Ltd Warrants Called to Trade
18-Sep-86 RMP Rampart Resources Ltd Warrants Called to Trade
12-Sep-86 WIF Wildfire Resources Ltd Warrants Called to Trade
5-Sep-86 TLT Telstar Resource Corporation Warrants Called to Trade
2-Sep-86 RGA Regal Petroleum Ltd Warrants Called to Trade
1-Sep-86 BTX Barytex Resources Corporation Warrants Called to Trade
26-Aug-86 RRC Ravenroc Resources Ltd Warrants Called to Trade
25-Aug-86 DAL Dash Lake Resources Ltd Warrants Called to Trade
25-Aug-86 RRC Ravenroc Resources Ltd Warrants Called to Trade
21-Aug-86 SXM Sphinx Mining Inc Warrants Called to Trade
19-Aug-86 ADI Ad-Dome International Ltd Warrants Called to Trade
15-Aug-86 ACL Achilles Resources Ltd Warrants Called to Trade
15-Aug-86 CTJ Canadian Trace Minerals Ltd Warrants Called to Trade
13-Aug-86 CVZ Caara Ventures Inc Warrants Called to Trade
13-Aug-86 HEC Hector Resources Inc Warrants Called to Trade
13-Aug-86 ICK International Cherokee Development Warrants Called to Trade
13-Aug-86 JRE J R Energy Ltd Warrants Called to Trade
13-Aug-86 LRR Longreach Resources Ltd Warrants Called to Trade
12-Aug-86 RCS Rich Coast Sulphur Ltd Warrants Called to Trade
4-Aug-86 BMA Brahma Resources Inc Warrants Called to Trade
30-Jul-86 FLD Fairchild Resources Inc Warrants Called to Trade
25-Jul-86 NCK Nickelodeon Industries Corporation Warrants Called to Trade
24-Jul-86 NXM Noramex Minerals Inc Warrants Called to Trade
22-Jul-86 RFR Redfern Resources Ltd Warrants Called to Trade
14-Jul-86 SDA Standard Gold Mines Ltd Warrants Called to Trade
10-Jul-86 SLN Selena Research Corporation Warrants Called to Trade
7-Jul-86 MVI Macrotrends Ventures Inc Warrants Called to Trade
3-Jul-86 UNO Unicorn Resources Ltd Warrants Called to Trade
27-Jun-86 VAN Vanwin Resources Corporation Warrants Called to Trade
19-Jun-86 CDE Consolidated Sea Gold Corporation Warrants Called to Trade
11-Jun-86 OXN Oxin Industries Ltd Warrants Called to Trade
10-Jun-86 ULR United Liberty Resources Ltd Warrants Called to Trade
9-Jun-86 MUG Murgor Resources Inc Warrants Called to Trade
5-Jun-86 BMA Brahma Resources Inc Warrants Called to Trade
30-May-86 NJY Newjay Resources Ltd Warrants Called to Trade
30-May-86 RDH Red Hill Marketing Group Ltd Warrants Called to Trade
28-May-86 CMB CMAC Computer Systems Ltd EOP Date Fixed
28-May-86 EFD Enfield Resources Ltd Warrants Called to Trade
27-May-86 LEN Lenora Explorations Ltd Warrants Called to Trade
27-May-86 VCD Victoria Diego Resource Corporation Warrants Called to Trade
26-May-86 CBD Cumberland Resources Ltd Warrants Called to Trade
21-May-86 GFK Grand Forks Mines Ltd Warrants Called to Trade
5-May-86 CIM Carina Mineral Resources Corp Warrants Called to Trade
29-Apr-86 LAL Lana Gold Corp Warrants Called to Trade
16-Apr-86 TKS Tamavack Resources Inc Warrants Called to Trade
11-Apr-86 CCO Cisco Resources Ltd Warrants Called to Trade
8-Apr-86 LBR Little Bear Resources Ltd Warrants Called to Trade
25-Mar-86 GIG Gigi Oil & Gas Ltd Warrants Called to Trade
18-Mar-86 BRQ Baroque Resources Ltd Warrants Called to Trade
18-Mar-86 IMC Imco Resources Ltd Warrants Called to Trade
14-Mar-86 RGM Royex Gold Mining Corporation Warrants Called to Trade
13-Mar-86 RRP Rough River Petroleum Corporation Warrants Called to Trade
10-Mar-86 TXI Torex Minerals Ltd Warrants Called to Trade
6-Mar-86 CLG Chalice Mining Inc Warrants Called to Trade
6-Mar-86 IST International Standard Resources Warrants Called to Trade
4-Mar-86 CUI Currie Rose Resources Inc Warrants Called to Trade
4-Mar-86 GAG Gallant Gold Mines Ltd Warrants Called to Trade
28-Feb-86 IFR International Flyer Resources Ltd Warrants Called to Trade
27-Feb-86 WWS World Wide Minerals Ltd Warrants Called to Trade
25-Feb-86 MRF Merfin Resources Ltd Warrants Called to Trade
21-Feb-86 KDL Kerrisdale Resources Ltd Warrants Called to Trade
11-Feb-86 CNV Consolidated CSA Minerals Inc Warrants Called to Trade
10-Feb-86 CYR Core Energy Corporation Warrants Called to Trade
10-Feb-86 MGU M.G.M. Resource Corporation Warrants Called to Trade
10-Feb-86 SKE Skeena Resources Ltd Warrants Called to Trade
6-Feb-86 IBV International Bellevue Ventures Ltd Warrants Called to Trade
5-Feb-86 RFL Rafael Resources Ltd Warrants Called to Trade
5-Feb-86 SXE SPENCAR EXPL LTD Warrants Called to Trade
31-Jan-86 IDR International Damascus Resources Warrants Called to Trade
24-Jan-86 RCO Rococco Resources Ltd Warrants Called to Trade
23-Jan-86 CRD Coronado Resources Inc. Warrants Called to Trade
22-Jan-86 GGM Glitter Gold Mines Ltd Warrants Called to Trade
16-Jan-86 BME Belmoral Mines Ltd Warrants Called to Trade
16-Jan-86 CIX Consolidated BRX Mining & Petroleum Warrants Called to Trade

Visitor Map


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.
  • 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.