RE: RE: RE: RE: RE: RE: RE: NI.RT ASK is @ 0.01they will show up in your account like a common share, you have to exercise them byAugest 17 ( TD Waterhouse wants instructions by the 14th. ) if you purchase 4000 ni.rt @ .005 it will cost you $20.00. then to exercise them ( call your broker and tell them that you want to exercise the NI.RT) 4 RT's for one common share and 1\2 commons share warrant.
So this is what it will cost you.
4000 X .005 = $20, 4000 / 4 =1000 shares X .06 = $60
so in the end what you end up with is 1,000 shares plus 1,000 1\2 purchase warrant @ $ .065
I thought I read some where that the purchase warrants were excerisable 2 1\2 warrants plus $.12 but I for get the excersise date.