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: 1410 - 800 Pender St W
Vancouver BC V6C 2V6
Phone: 604 689 1659
Fax: 604 689 1722
Website: https://www.uranerz.com
Warrant Symbol - URZ.WT
Number Trading - 4.25 million
Expiration Date - April 27, 2012
Cusip - 91688T 11 2
Exercise Price - $3 (U.S.)
Warrants called to trade news:
Uranerz Energy to list
4.25 million warrants Dec. 9
2009-12-07 16:20 MT - Warrants
Called to Trade
TSX bulletin 2009-1634
A total of 4.25 million common
share purchase warrants of
Uranerz Energy Corp. will be
listed and posted for trading at
the opening on Wednesday, Dec.
9, 2009, under the following
trading information:
Symbol: URZ.WT
Cusip No.: 91688T 11 2
Trading currency: Canadian
Designated market-maker: Acker
Finley Inc.
Markets: None
The warrants were issued in
connection with a prospectus
offering of units by the
company, with each unit
consisting of one common share
and one-half of a warrant. Each
whole warrant entitles the
holder to purchase one
additional common share of the
company at a price of $3 (U.S.)
per share at any time before 5
p.m. (Denver time) on April 27,
2012. In the event that the
closing price of the company's
common shares on a market in the
United States exceeds $3.50
(U.S.), for a period of 20
consecutive trading days, the
company may, within five days
after such an event, provide
notice to the holders of the
warrants of early expiry and
thereafter the warrants will
expire on the date which is 30
days after the date of the
notice to holders of warrants.
The warrants will be governed by
the terms of a warrant indenture
and a supplemental warrant
indenture between the company
and Corporate Stock Transfer
Inc. as warrant agent. The
warrant indenture provides for
appropriate adjustments to the
warrants in the event of stock
dividends, subdivisions,
consolidations and other forms
of capital reorganization.
- 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.
