RE: RE: i have explaiend the warrant thing below p Each warrant allows you to purchase one share of PTA for
.35, ie: using warrants to buy 1000 shares costs you $350.00 up to May 9, 2014. I believe you are both saying the same thing. One share will cost the price you paid for the warrant plus
.35.
https://www.canadianwarrants.com/company/p/PTA.html
Petroamerica Oil warrants to trade on TSX-V May 10
2011-05-09 16:24 MT - Warrants Called to Trade
Effective at the opening on Tuesday, May 10, 2011, the warrants of the company will commence trading on the TSX Venture Exchange. The company is classified as a natural resource exploration company.
Corporate jurisdiction: Alberta
Capitalization: 87,687,500 warrants with no par value, of which 76 million warrants are issued and outstanding
Transfer agent: Computershare Trust Company of Canada
Trading symbol: PTA.WT.B
Cusip No.: 71647B139
The warrants were issued pursuant to the company's prospectus dated April 29, 2011. Each whole warrant is exercisable for one common share at a price of 35 cents per share up to Friday, May 9, 2014, from date of closing.
For further information, please refer to the company's short form prospectus dated April 29, 2011.