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Gold/Mining/Energy : Canadian Warrants Only

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From: VisionsOfSugarplums	3/28/2012 8:47:01 AM
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New warrant listing for SWY.TO, to trade under SWY.WT Stornoway Diamond Corp. will list 7.5 million share purchase warrants on the Toronto Stock Exchange at the open on Wednesday, March 28, 2012, according to the TSX. As in a March 21, 2012, short form prospectus, Stornoway plans to sell 15 million units at $1 each, raising $15-million. Each unit consists of one share and one-half of a share purchase warrant. Each whole warrant entitles the holder to buy one additional share for $1.20 until 5 p.m. (Vancouver time) on March 31, 2014. Stornoway has granted the underwriters an overallotment option to buy up to 2.25 million more units at the same price for 30 days from the closing of the offering. stockwatch.com

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