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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: one_less who wrote (2060)	6/1/1998 3:02:00 PM
From: Jay Lowe	Read Replies (1) \| Respond to of 4142

Brees ... what your broker will show online around a warrant exercise depends on the broker ... the process is that the broker transfers your warrants and the exercise fees to the transfer agent who sends back the common. This is typically a T+5 procedure ... 5 days ... some brokers will do it faster, some slower ... depending on how their internal procedures and interface to the transfer agent work. You can actually do this yourself, if you want to hassle with the paper, by calling for the cert's on the warrants and snailmailing them to the transfer agent. Doing it yourself would probably take about 2 weeks. See this link ... Investor Updates (Warrant Exercise Procedure, Preferred Split Details) arconltd.com