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Bullboard - Stock Discussion Forum Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade critical and precious metal deposits. It is engaged in exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in... see more

TSXV:BAY - Post Discussion

Aston Bay Holdings Ltd > Warrants outstanding
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Post by Patrick2Linton on Nov 04, 2022 3:15pm

Warrants outstanding

Traps, you have consistently stated that warrants are being flipped at 2.5 and 3 cents. I have looked at the company finamcials on Sedar multiple times and the disclosure on warrants is showing the only warrants outstanding are a strike price at .12 per share with a acceleration clause at 25 cents. Are there warrants out there that are not disclosed on the financials at 2.5 or 3 cents? Im not following your logic on this warrant flipping you speak of as the current share price is not even close to warrant strike price of the warrants that are outstanding as disclosed on the financials published by the company. When were these cheap warrants issued and when do they expire? How many are outstanding? Can you point me in the direction on the financials? Gracias. Tik tok. Grinnn. Cheers mate.
Comment by Patrick2Linton on Nov 04, 2022 4:16pm
  Taken right from the Latest Financial statements on Page 9: As at June 30, 2022, the following warrants were outstanding and exercisable:   14,960,000 warrants exerciseable at .12. There are no other warrants currently outstanding as per the company's disclosure.  Flipping warrants that are way out of the money is another BAY myth perpetrated on this board. Gracias ...more