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Renaissance Oil Corp. RNSFF

Energy
Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Renaissance Oil Corp.
Bullboard Posts
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Comment by grommeton Mar 17, 2005 12:35am
164 Views
Post# 8765211

RE: Warrants

RE: WarrantsWarrants are able to be exercised as soon as the PP paper they are attached to are free trading - so they have been exercisable for awhile now. The warrant holders in this case were forced to exercise their warrants or lose them. Looks like Pacific International bought about 1/2 of them. The rest could be sitting in shareholders accounts or were sold - explaining the down draft in the share price. The warrant overhang is gone now. cheers
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities