Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

TSXV:PEM.P - Post by User

Penbar Capital Ltd

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Comment by jpbbon Jan 06, 2012 3:22pm

235 Views

Post# 19377017

RE: PP QUESTION....

I'm not sure you understand how warrants work. You don't have to pay anything for the warrant right now. You only pay for it if you wish to exercise it, similar to how options work. In this case, you would exercise it if and when the sp goes above .25. I'd suggest you google "warrants and financings" to find out more.

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