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: 700 - 1620 Dickson Ave
Kelowna BC V1Y 9Y2
Phone: 250 979 7022
Fax: 250 868 8493
Website:
https://www.papuanpreciousmetals.com
Warrant Symbol - PAU.WT
Number Trading - 27,209,199
Expiration Date - July 5, 2013
Cusip - 69887W 11 0
Exercise Price - $0.40
Warrants called to trade news:
Papuan Precious 22,452,003
warrants to trade on Nov. 8
2010-11-05 18:08 MT - Warrants
Called to Trade
Effective at the opening,
Monday, Nov. 8, 2010, 22,452,003
warrants of the company will
commence trading on the TSX
Venture Exchange. The company is
classified as a mineral
exploration/development company.
Corporate jurisdiction: British
Columbia
Capitalization: Unlimited
warrants with no par value, of
which 27,209,199 warrants are
issued and outstanding,
including 1,423,862 warrants
issued as compensation to agents
and 3,333,334 warrants issued to
insiders and others under a
follow-up unit financing of the
company that will not be listed
for trading
Transfer agent: CIBC Mellon
Trust Company
Trading symbol: PAU.WT
Cusip No.: 69887W 11 0
The 22,452,003 warrants were
issued pursuant to a
non-brokered private placement
of subscription receipts
announced on June 1, 2010. One
warrant entitles the holder to
purchase one share at a price of
40 cents per share and will
expire on Friday, July 5, 2013
- 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.
