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: 125 - 2611 Queensview Dr
Ottawa ON Canada K2B 8K2
Phone: 613 319 5117
Web Site:
https://www.leonovus.com
Warrant
Symbol - LTV.WT
Number Trading -
Expiration Date - May 6,
2024
Cusip -
Exercise Price - $0.70
Warrants called to trade news:
LeoNovus closes $3.44-million unit offering
2021-05-06 12:14 ET - News Release
LeoNovus Inc. has closed its marketed short form prospectus offering, pursuant
to which the company issued 6,143,572 units of the company at a price of 56
cents per unit for gross proceeds of $3,440,400.32. The offering was led by
Research Capital Corp., as lead agent and sole bookrunner, on behalf of a
syndicate of agents, including Canaccord Genuity Corp.
Each unit comprises one common share of the company and one common share
purchase warrant of the company. Each warrant is exercisable into one common
share at a price of 70 cents for a period of 36 months following the completion
of the offering.
The TSX Venture Exchange has conditionally accepted the listing of the warrants.
It is anticipated that the warrants will commence trading on the TSX-V under the
symbol LTV.WT two business days following the completion of all listing
requirements of the TSX-V and the issuance of the TSX-V's bulletin confirming
the date of listing.
We seek Safe Harbor.
© 2022 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.
