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: 1100 - 640 5th
Ave SW
Calgary AB Canada T2P 3G4
Phone: 403 292 8000
Fax: 403 292 8001
Web Site: https://www.ppr.ca
Warrant Symbol - PPR.WT
Number Trading - 2,985,500
Expiration Date - March 16, 2019
Cusip - 73965Q 11 0
Exercise Price - $0.87
Warrants called to trade news:
Prairie Provident warrants to
trade on TSX April 4
2017-03-31 18:08 MT - Warrants
Called to Trade
The Toronto Stock Exchange
reports that Prairie Provident
Resources Inc.'s warrants will
begin trading at the open on
April 4, 2017, under the symbol
PPR.WT and Cusip No. 73965Q 11
0. According to the TSX, there
will be 2,985,500 warrants
issued, and the warrants are
exercisable at 87 cents per
share until their expiry at 5
p.m. Calgary time on March 16,
2019.
The TSX reports that the listing
of the warrants covers warrants
forming part of the 5,971,000
subscription receipts sold to
the public at 67 cents per
subscription receipt, pursuant
to a March 8, 2017, short form
prospectus. Each subscription
receipt consisted of one share
and one-half warrant. Prairie
Provident closed the acquisition
of oil assets in Northern
Alberta on March 23, 2017, and
the subscription receipts were
automatically exchanged for one
share and one-half warrant of
the company per subscription
receipt held.
For more information, see the
company's news release dated
March 23, 2017.
© 2017 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.
