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: 1050
- 625 Howe Street
Vancouver BC V6C
2T6
Phone: 604 689
0234
Fax: 604 688
0094
Website:
http://www.sandstormresources.com
Warrant Symbol - SND.WT
Number Trading - 111.15 million
Expiration Date - December 23,
2012
Cusip - 80013L 12 6
Exercise Price - $0.70 US
Sandstorm Metals lists 111.15 million warrants
2011-01-24 14:28 MT - Warrants Called to Trade
Effective at the opening Jan. 25, 2011, the warrants of Sandstorm Metals & Energy Ltd. will commence trading on the TSX Venture Exchange. The company is classified as a junior natural resources -- mining company.
Corporate jurisdiction: British Columbia
Capitalization: 127,822,500 warrants with no par value of which 111.15 million warrants are issued and outstanding
Transfer agent: Computershare Trust Company of Canada
Trading symbol: SND.WT
Cusip No.: 80013L 12 6
The warrants were issued pursuant to a private placement of 222.3 million special warrants, as disclosed in the bulletin dated Dec. 23, 2010. Each special warrant was converted into one common share and one-half of one share purchase warrant. Each full warrant is exercisable into one common share at 70 U.S. cents per share and will expire on Sunday, December 23, 2012.
- 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.
