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Gold/Mining/Energy : Precious metal company Warrants
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To: LLCF who wrote (356)9/14/2006 5:37:53 PM
From: dara  Read Replies (2) of 681
 
Treatment of Warrants in the CBJ/IMG Merger

I spoke with CBJ IR and if I understood correctly, the CBJ warrants will be converted into IMG warrants with the same expiry date as they currently have. You will not be forced to exercise by the deal's closing date.

Every 1 CBJ warrant will be worth .42 warrants of the new IMG company. If you have 10,000 CBJ.wt, you'll end up with 4200 warrants of the new IMG.

FWIW ...
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