Ainsworth Lumber Co Ltd ANSBF

warrants complete

[mapmaker]

"We have been informed that the warrants have been deemed exercised. As a holder of the warrants, you will receive 0.0035 of a common share of Ainsworth Lumber Company Limited for each warrant held. Any warrants not exercised shall be deemed to have been exercised immediately without any further action on the part of the holder. The status of fractional shares has yet to be determined."

The warrants were a great deal at .005, because today they are worth .012. So over 200% profit.
Usually warrants are worthless after expiry but i did see the note that these were going to be converted over to shares so it was easy to pick up the .005c warrants the last couple months.