RE:RE:RE:RE:RE:RE:Can someone explain the whole "warrants" thing to me?Terrebonne,
It takes only one warrant, not 20 to buy one Oban share at plus $3.00
From Oban Mining: Management's Discussion and Analysis for the three and nine month periods ended September 30, 2015 and 2014 Management's Discussion and Analysis for the three and nine month periods ended September 30, 2015 and2014
Page 21
The following table summarizes the warrants issued and outstanding as at September 30, 2015:
Number of warrants Weighted average exercise price
Former EAG warrants acquired (i) 3 ,560,346 3 .69
Granted (ii) 6 ,531,816 3 .00
Outstanding at Sept 30, 2015 1 0,092,163 $ 3 .24