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: 400 - 444 5th
Ave SW
Calgary AB CANADA T2P 2T8
Phone: 604 699 9929
Fax: 604 681 4760
Web Site:
https://www.blackbirdenergyinc.com
Warrant Symbol -
BBI.WT
Number Trading - 176.41 million
Expiration Date - May 19, 2021
Cusip - 09228A 14 6
Exercise Price - $0.30
Warrants called to trade news:
Blackbird Energy flow-through,
NFT prospectus offering
2016-05-24 15:43 MT -
Prospectus Approved
Blackbird Energy Inc.
has closed its financing
pursuant to its prospectus dated
May 13, 2016, which was filed
with and accepted by the TSX
Venture Exchange and filed with
and receipted by the securities
regulators in the provinces of
British Columbia, Alberta,
Saskatchewan, Manitoba and
Ontario on May 13, 2016,
pursuant to the provisions of
the applicable securities acts.
Offering: 15.41 million common
shares to be issued as
flow-through shares; 176.41
million units, each consisting
of one common share and one
share purchase warrant
exercisable for one common share
Flow-through price: 15 cents
Unit price: 15 cents
Warrant exercise price/term:
Each warrant entitles the holder
to acquire one additional common
share of the company at a price
of 30 cents until May 19, 2021.
Effective at the opening on
Wednesday, May 25, 2016, 176.41
million common share purchase
warrants of the company will
commence trading on the TSX-V.
Symbol: BBI.WT
Cusip No.: 09228A 14 6
The warrants were issued
pursuant to the company's
prospectus dated May 13, 2016.
Each warrant entitles the holder
to purchase one common share of
the company at a price of 30
cents per share and will expire
on Monday, May 19, 2021.
© 2017 Canjex Publishing Ltd.
All rights reserved.
Blackbird Energy closes
$28.77 million offering
2016-05-19 08:26 MT - News
Release
Blackbird Energy Inc. has closed
its previously announced
marketed public offering of
176.41 million units of the
company at a price of 15 cents
per unit and 15.41 million
common shares of the company
issued on a CDE (Canadian
development expenses)
flow-through basis at a price of
15 cents per flow-through share
for aggregate gross proceeds of
$28,773,000, which includes
23.01 million units and 2.01
million flow-through shares
issued pursuant to the exercise
in full of the overallotment
options.
Each unit consists of one common
share and one common share
purchase warrant of the company.
Each warrant entitles the holder
thereof to acquire, subject to
adjustment in accordance with
the indenture governing the
warrants, one common share at an
exercise price of 30 cents per
warrant share, at any time prior
to the date that is 60 months
following the closing date of
the offering. The warrants have
been conditionally approved for
listing to trade on the TSX
Venture Exchange and are
anticipated to commence trading
at the open on Tuesday, May 24,
2016. The warrants will trade
under the symbol BBI.WT.
© 2018 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.
