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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Address: 151 John St
Barrie ON Canada L4N 2L1
Phone: 705 719 7425
Web Site: https://www.medipharmlabs.com
Number Trading - 57,500,000
Expiration Date - March 5, 2023
Cusip - 58504D 13 4.
Exercise Price - $0.70
Warrants called to trade news:
Medipharm Labs Corp to list
additional shares March 5
2021-03-03 19:27 ET - Warrants Called to
Trade
The Toronto Stock Exchange reports that
Medipharm Labs Corp. will list up to 50
million warrants for trading on the TSX at
the open on March 5, 2021. According to the
TSX, the warrants will trade under the
symbol LABS.WT, in Canadian dollars and
under Cusip No. 58504D 13 4.
As stated in the prospectus supplement dated
March 2, 201, to the short form base shelf
prospectus dated Feb. 24, 2021, the company
will issue up to 50 million units (before
the overallotment option) at 58 cents per
unit in an offering. Each unit will consist
of one share and one warrant of the company,
with each warrant being exercisable at 70
cents per share until 5 p.m. Toronto time on
the date that is 24 months after the closing
date of the offering.
© 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.
