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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Web Site:
https://www.desertmountainenergy.com
Address: Box 19040, 1153 56th St
Delta BC Canada V4L 2P8
Phone: 604 899 0100
Fax: 604 899 0200
Warrant Symbol - DME.WT
Number Trading - 11,845,000
Expiration Date - March 24, 2025
Cusip -
25043D 12 3
Warrants called to trade news:
Desert Mountain to list 545,000 additional warrants
2023-04-04 17:07 ET - Warrants Called to Trade
Effective at the opening, Thursday, April 6, 2023, 545,000 common share purchase
warrants of the company will commence trading on the TSX Venture Exchange. The
company is classified as a mineral exploration/development company.
Capitalization: 11,845,000 warrants authorized by a warrant indenture dated
March 24, 2023, of which 11.3 million warrants are issued and outstanding for
trading; 545,000 additional warrants to be listed for trading on April 6, 2023
Warrant exercise price/term: $2.70 per common share to March 24, 2025, subject
to acceleration, as described below
Trading symbol: DME.WT (unchanged)
Cusip No.: 25043D 12 3 (unchanged)
Further to the exchange's bulletin dated March 29, 2023, the additional 545,000
warrants were issued pursuant to the agent's overallotment option from the
company's final short form prospectus offering dated March 20, 2023.
In the event the volume weighted average trading price of the common shares in
the capital of the company for any 10 consecutive trading days on the TSX
Venture Exchange exceeds $4.50, the company will have the right to accelerate
the expiry date of the warrants by providing written notice to each registered
holder of warrants and warrant agent and distributing a news release within 10
business days of the occurrence of such event. If an acceleration notice is
provided by the company, the expiry of the warrants will be accelerated to 5
p.m. Vancouver time on the date that is not less than 30 days following the
provision of such acceleration notice, provided, however, that if the
accelerated expiry date falls on a day that is not a business day, the
accelerated expiry date shall be deemed to be the next business day.
Desert Mountain notes 11.3M warrants to begin trading
2023-03-29 11:12 ET - News Release
Desert Mountain Energy Corp. has noted that 11.3 million common share purchase
warrants of the company, issued pursuant to its short-form prospectus dated
March 20, 2023, will commence trading on TSX Venture Exchange at the opening
Friday, March 31, 2023.
Warrant exercise price/term: $2.70 per common share to March 24, 2025, subject
to acceleration
Trading symbol: DME.WT
CUSIP No.: 25043D123
Up to an additional 545,000 warrants may still be issued and listed for trading.
Under the short-form prospectus, the company's agent for the offering, Beacon
Securities Ltd., has up to 30 days from March 24, 2023, to exercise the
remainder of its overallotment option. For further details, please refer to the
company's news release dated March 24, 2023, and the short-form prospectus dated
March 20, 2023, which have both been filed and are available on SEDAR.
We seek Safe Harbor.
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- 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.
