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 200 Granville
Street Suite 400
Vancouver, B.C. Canada V6C 1S4
Phone 1-855-288-6044
Email investors@glancepay.com
Website https://www.glance.tech
Warrant Symbol -
GET.WT
Number Trading -
1,089,638
Expiration Date - April 27,
2019
Cusip - 376790 12 7
Exercise Price -
$0.30
Warrants called to trade news:
Glance Technologies arranges
warrant incentive program
2017-08-14 23:10 MT - News
Release
Glance Technologies Inc. had
made temporary amendments to
certain warrants (not including
broker or agent warrants) issued
by Glance Technologies from Aug.
31, 2015, to Feb. 24, 2017, as
part of a program to incentivize
warrant exercise.
Under the incentive program,
Glance Technologies will
temporarily reduce the exercise
price of the amended warrants to
20 cents per amended warrant
beginning on Aug. 15, 2017, and
ending on Sept. 30, 2017, and
during the incentive period each
amended warrant will be
exercisable for a unit, with
each incentive unit comprising
one common share and one common
share purchase warrant, each
unit warrant exercisable to
purchase an additional common
share at a price of 30 cents per
share for a period of 24 months
after the date of issuance.
Further, Glance Technologies
will extend the expiry date of
the 5,948,998 amended warrants
set to expire on Aug. 31, 2017,
and the 16,666 amended warrants
set to expire on Sept. 6, 2017,
such that they will not expire
until Sept. 30, 2017.
The following securities will
not be eligible to be exercised
under the incentive program:
broker warrants; agent warrants;
broker options; agent options;
any other options granted under
Glance Technologies' stock
option plan; any warrants issued
after Feb. 24, 2017; and
warrants issued under Glance's
rights offering, which closed on
April 27, 2017, and trade under
the symbol GET.WT.
During the incentive period, the
outstanding amended warrant
certificates will evidence the
right to acquire one incentive
unit upon the exercise of an
amended warrant and payment to
Glance Technologies of the
aggregate purchase price per
incentive unit. Registered
holders of amended warrants are
encouraged to exercise their
amended warrants in accordance
with the procedures set forth
below as soon as possible and,
in any event, prior to 5 p.m.
Vancouver time on Sept. 29,
2017, in order to take advantage
of the right to acquire an
incentive unit.
Procedure for the exercise of
amended warrants
Beginning on Aug. 15, 2017,
registered holders of amended
warrants may exercise their
rights to acquire incentive
units. All warrant exercises
must be processed through Glance
Technologies.
To exercise amended warrants
during the incentive period,
until Sept. 30, 2017, by 5 p.m.
Pacific Time, a warrant holder
must:
Surrender the warrant
certificate(s) representing its
amended warrants to Glance
Technologies by hand or courier
at 200 1238 Homer St.,
Vancouver, B.C., Canada;
The warrant certificate(s) must
be submitted together with:
A duly completed and executed
subscription in the form on the
last page of the warrant
certificate, specifying the
number of amended warrants that
the holder intends to exercise;
A certified cheque, bank draft
or money order in Canadian
dollars, payable to or to the
order of Glance Technologies in
an amount equal to 20 cents
multiplied by the number of
amended warrants that the
warrantholder intends to
exercise.
CSE: 2017-0501 - New
Listing - Glance Technologies
Inc. - Warrants (GET.WT)
TORONTO, ONTARIO--(Marketwired -
May 1, 2017) - The Glance
Technologies Inc. Share Purchase
Warrants (the "Warrants") issued
pursuant to the Glance
Technologies Inc. Rights
Offering (see Bulletin
2017-0312) have been approved
for listing.
Each Warrant shall entitle the
holder, upon exercise prior
expiry, to acquire one (1)
common share for $0.23 initially
until six (6) months after the
Issue Date of the Warrants and
$0.25 thereafter until Expiry
Date.
Trading Date: May 2, 2017
Symbol: GET.WT
CUSIP: 376790 12 7
ISIN: CA 376790 12 7 3
Boardlot: 500
Business Sector: Technology
Expiry Date: April 27, 2019
- 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.
