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
Silver Prices
Platinum Prices
Palladium Prices
Visitors
Warrant News - 1993
Warrant News Archive (1984 – Present)
| Date | Sym | Company | News |
| 29-Dec-93 | CHR | Cephalon Resource Corporation | Warrants Called to Trade |
| 29-Dec-93 | SYE | Security Energy Corp | Warrants Called to Trade |
| 28-Dec-93 | BXP | Burner Exploration Limited | New Listing |
| 28-Dec-93 | FRE | Fosters Resources Ltd | New Listing |
| 28-Dec-93 | STF | Stampede Oils Inc | Warrants Called to Trade |
| 22-Dec-93 | FCG | Falconbridge Gold Corporation | Warrants Called to Trade |
| 22-Dec-93 | PUT | Pursuit Resources Inc | Warrants Called to Trade |
| 21-Dec-93 | BEA | Bearcat Explorations Ltd | Warrants Called to Trade |
| 14-Dec-93 | AC | Air Canada | Warrants Called to Trade |
| 13-Dec-93 | AC | Air Canada | Separation of Units |
| 10-Dec-93 | CBJ | Cambior Inc | Additional Warrants Listed |
| 10-Dec-93 | MDS | Midas Resources Ltd | New Listing |
| 8-Dec-93 | IZP | Inflazyme Pharmaceuticals Ltd | Warrants Called to Trade |
| 7-Dec-93 | DGO | Dorrigo Energy Inc | New Listing |
| 2-Dec-93 | CEL | Camberly Energy Ltd | New Listing |
| 1-Dec-93 | BVL | Beaver Lake Energy Corporation | New Listing |
| 26-Nov-93 | ACA | Ashton Mining of Canada | Separation of Units |
| 26-Nov-93 | NAS | New Aegis Resources Ltd | SMF Date Price Fixed |
| 25-Nov-93 | QMS | Q/Media Software Corp | EOP Completed |
| 25-Nov-93 | RRI | Rider Resources Inc | New Listing |
| 17-Nov-93 | CKY | Consolidated McKinney Resources Inc | SMF Date Price Fixed |
| 15-Nov-93 | CPR | Clearport Petroleum Ltd | Warrants Called to Trade |
| 15-Nov-93 | PAO | Proalta Energy Inc | New Listing |
| 15-Nov-93 | QMS | Q/Media Software Corp | EOP Date Fixed |
| 10-Nov-93 | DM | International Dusty Mac Enterprises | SMF Date Price Changed |
| 10-Nov-93 | QMS | Q/Media Software Corp | EOP Conditional Listing |
| 8-Nov-93 | ELK | Elk Point Resources Inc | Name Change |
| 12-Oct-93 | ANI | Anitech Enterprises Inc | Warrants Called to Trade |
| 12-Oct-93 | RRE | Reg Technologies Inc | SMF Date Price Fixed |
| 7-Oct-93 | BKP | Berkley Petroleum Corp | New Listing |
| 7-Oct-93 | SYS | Synapse Software Inc | New Listing |
| 6-Oct-93 | LER | Acier Leroux Inc | Warrants Called to Trade |
| 4-Oct-93 | EQE | Equis Energy Corp | New Listing |
| 30-Sep-93 | CXQ | Consolidated Marina Explorations Ltd | SMF Date Price Fixed |
| 23-Sep-93 | SOE | Starcore Resources Ltd | SMF Date Price Fixed |
| 22-Sep-93 | SVT | Silverstone Resources Ltd | SMF Date Price Fixed |
| 17-Sep-93 | OGY | Ogy Petroleums Ltd | New Listing |
| 16-Sep-93 | DKT | Dakota Mining Corp | New Listing |
| 2-Sep-93 | CSE | Canso Explorations Ltd | Warrants Called to Trade |
| 31-Aug-93 | CVU | Cyn-Tech Ventures Ltd | SMF Date Price Fixed |
| 27-Aug-93 | MCV | Mindflight Corporation | SMF Date Price Fixed |
| 25-Aug-93 | FCC | Fletcher Challenge Canada Ltd | Warrants Called to Trade |
| 25-Aug-93 | MLA | Marlat Resources Ltd | SMF Date Price Fixed |
| 25-Aug-93 | SNN | Signal Energy | New Listing |
| 20-Aug-93 | OCS | OCS Technologies Corp | Warrants Called to Trade |
| 19-Aug-93 | ANI | Anitech Enterprises Inc | Rights Offering |
| 12-Aug-93 | SLZ | Solidor Resources Inc | Warrants Called to Trade |
| 11-Aug-93 | TRC | Teryl Resources Corporation | Warrants Called to Trade |
| 10-Aug-93 | WLT | Western Logic Technologies Inc | Warrants Called to Trade |
| 5-Aug-93 | CRZ | CS Resources Limited | Warrants Called to Trade |
| 28-Jul-93 | DVP | Devran Petroleum Ltd | Warrants Called to Trade |
| 16-Jul-93 | CSC | Cognoscente Software International Inc | SMF Date Price Fixed |
| 8-Jul-93 | TEL | Templar Energy Ltd | Warrants Called to Trade |
| 6-Jul-93 | ERR | Eurus Resource Corp | SMF Date Price Fixed |
| 5-Jul-93 | RYO | Royal Oak Mines Inc | Warrants Called to Trade |
| 2-Jul-93 | ELK | Elk Point Resources Inc | Prospectus Approved |
| 29-Jun-93 | BLD | Ballard Power Systems Inc | New Listing |
| 29-Jun-93 | CPR | Clearport Petroleum Ltd | Rights Offering |
| 18-Jun-93 | AXD | Apex Land Corp | Warrants Called to Trade |
| 15-Jun-93 | PXL | Portman Explorations Ltd | SMF Date Price Fixed |
| 14-Jun-93 | FSN | FSR Industries Inc | Name Change |
| 14-Jun-93 | MXE | Maxon Energy | New Listing |
| 14-Jun-93 | SSP | Syspower Multimedia Industries Inc | New Listing |
| 3-Jun-93 | KEH | Keith Resources Ltd | Warrants Called to Trade |
| 2-Jun-93 | ALU | Allyn Resources Inc | Warrants Called to Trade |
| 25-May-93 | GTE | Greenstar Telecommunications Inc | Warrants Called to Trade |
| 20-May-93 | MLM | Metall Mining Corporation | Amalgamation |
| 19-May-93 | BZR | Braiden Resources Ltd | Warrants Called to Trade |
| 19-May-93 | GDZ | Golden Ring Resources | Correction |
| 18-May-93 | GDZ | Golden Ring Resources | Warrants Called to Trade |
| 12-May-93 | KLC | Calco Resources Inc | Warrants Called to Trade |
| 12-May-93 | VRT | Vortex Energy & Minerals Ltd | Warrants Called to Trade |
| 7-May-93 | RFM | Red Fox Minerals Ltd | Warrants Update |
| 29-Apr-93 | TMC | TM Technologies Corp | Warrants Called to Trade |
| 26-Apr-93 | CP | Canadian Pacific Ltd | Appreciation Rights |
| 21-Apr-93 | CCN | Canadian Conquest Exploration Inc | Warrants Called to Trade |
| 21-Apr-93 | DKW | DKW Systems Corp | Warrants Called to Trade |
| 20-Apr-93 | CCC | Circo Craft | Warrants Called to Trade |
| 16-Apr-93 | ABC | Abacan Resource Corporation | Warrants Called to Trade |
| 16-Apr-93 | EGE | Eagle Energy Corp | Warrants Called to Trade |
| 12-Apr-93 | COL | Cascade Oil & Gas Ltd | Warrants Called to Trade |
| 6-Apr-93 | AQC | Aquarius Coatings Inc | Warrants Called to Trade |
| 31-Mar-93 | KNR | Kingston Resources Ltd | Warrants Called to Trade |
| 25-Mar-93 | FSN | FSR Industries Inc | Warrants Called to Trade |
| 24-Mar-93 | CYP | Cypress Petroleum Corporation | EOP Completed |
| 24-Mar-93 | KGT | Consolidated Newgate Resources Ltd | Warrants Called to Trade |
| 23-Mar-93 | IGT | IGT International Growth Technologies | Warrants Called to Trade |
| 22-Mar-93 | IGT | IGT International Growth Technologies | Warrants Called to Trade |
| 17-Mar-93 | HPL | Hartwell Petroleums Ltd | New Listing |
| 17-Mar-93 | QI | Quorum Growth Inc | Units Separation |
| 16-Mar-93 | LB | Laurentian Bank of Canada | Units Separation |
| 10-Mar-93 | CYP | Cypress Minerals Corp | EOP Date Fixed |
| 10-Mar-93 | CYP | Cypress Petroleum Corporation | EOP Date Fixed |
| 2-Mar-93 | CYP | Cypress Petroleum Corporation | EOP Conditional Listing |
| 2-Mar-93 | MPV | Mountain Province Mining Inc | Correction |
| 26-Feb-93 | MPV | Mountain Province Mining Inc | Warrants Called to Trade |
| 26-Feb-93 | TFN | Tradepoint Financial Networks PLC | EOP Completed |
| 24-Feb-93 | URG | United Rayore Gas Ltd | Warrants Called to Trade |
| 19-Feb-93 | ADL | Adrian Resources Ltd | Warrants Called to Trade |
| 11-Feb-93 | VRX | Virtual Universe Corp | Warrants Expire |
| 10-Feb-93 | TFN | Tradepoint Financial Networks PLC | EOP Date Fixed |
| 8-Feb-93 | BKD | Breckenridge Resources Ltd | Warrants Called to Trade |
| 8-Feb-93 | ITR | International Ticker Tape Resources Ltd | Warrants Called to Trade |
| 5-Feb-93 | MCB | McCulloch's Canadian Beverages Inc | Warrants Called to Trade |
| 4-Feb-93 | SUP | Superior Pipeline Corporation | Warrants Called to Trade |
| 8-Jan-93 | CEL | Camberly Energy Ltd | New Listing |
| 8-Jan-93 | NAF | North American Fire Guardian Tech | Warrants Called to Trade |
| 5-Jan-93 | TFN | Tradepoint Financial Networks PLC | EOP Conditional Listing |
| 4-Jan-93 | NAF | North American Fire Guardian Tech | SMF Date Price Fixed |
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.