warrants againIonc and CF have it right, as I noted below.
I made the same mistake post R/S and bought some warrants, only to learn that the number of warrants had not been subject to the R/S rollaback ratio.
Hence one needs about 9.5 warrants from the tsx to trade in to get the right to pay a bit over $9 to get one share.
My guess is that, even today, most people buying the warrants do not realize these facts.