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Gold/Mining/Energy : American International Petroleum Corp

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To: Winston Kim who wrote (136)7/12/1997 6:37:00 AM
From: Maxwell Fashola   of 11888
 
Winston, Could you please explain to me how warrants work. Can you purchase and sell warrants like you do stocks? It did say in the press release that the warrant entitles the holder to purchase a common share at $4. Does this mean that if the common share is trading say suppose $10, you can buy it at $4.00 if you want to exercise the warrant. Thanks in advance. Max
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