Aurelian Resources Was Stolen By Kinross and Management But Will Not Be Forgotten

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Message: Kinross warrant

Kinross warrant

posted on Sep 05, 2008 09:06AM

I am trying to figure out whether the warrants' future value at the $32 strike and whether it has merrits to hold the K stock for the near future.

Doing reading I found a conflict on the wording of the warrants. I have emailed Marla and hope to hear back. One implies we have 5 years and the other implies we have one day 5 years out.

I found this:

In the Offer to Purchase, under exercise of Kinross Warrants, it states on pg 33:
"Each whole Kinross Warrant....(Toronto time) on the date that is five years following..."

On the inside front cover of the Offer to Purchase it states:
"Each common share ... (subject to adjustment) on or prior to the date that is five years..."

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