West Red Lake Gold Mines Ltd. (WRLG.WT.C) Warrant

TSXVCompany warrantstrike C$0.901 share per warrantexpires 2028-02-25updated 2026-10-05

Each WRLG.WT.C warrant gives the holder the right to buy 1 share of West Red Lake Gold Mines Ltd. at C$0.90 per share, until February 25, 2028. The stock last closed at C$0.76, below the strike, so the warrant is out of the money. West Red Lake Gold Mines Ltd. has a market value of about C$315.55M. There are 23.63M listed warrants; exercising all of them would add 5.7% to the 415.20M shares outstanding.

Warrant price
C$0.2600
last close
WRLG share price
C$0.76
84% of strike
Market cap
C$315.55M
415.20M shares
Time left
507 days
expires 2028-02-25
Dilution if exercised
5.7%
23.63M warrants

We have no price history for Canadian warrants yet, so this page has no chart.

Key terms

Strike per share
C$0.90
Shares per warrant
1
Cash to exercise one warrant
C$0.9000
Expiry
2028-02-25
Redemption trigger
none stated
Acceleration clause
none
Break-even stock price
C$1.16

From the issuer's filing.

Company and stock

Company
West Red Lake Gold Mines Ltd.
Underlying stock
WRLG
Share price
C$0.76
Market cap
C$315.55M
Shares outstanding
415.20M
Value of all listed warrants
C$6.14M (1.9% of market cap)

Market cap is the last share price times shares outstanding (as of 2026-10-05).

Dilution

Shares outstanding
415.20M
Listed warrants
23.63M
Dilution if all exercised
5.7%

Warrant count from TMX listing data (listed warrants).

Filings and events

Questions about WRLG.WT.C

When does the WRLG.WT.C warrant expire?

WRLG.WT.C expires on February 25, 2028.

What is the strike price of WRLG.WT.C?

C$0.90 per share; each warrant converts into 1 share, so exercising one warrant costs C$0.9000.

Can West Red Lake Gold Mines Ltd. redeem the WRLG.WT.C warrants early?

The source filing we read lists no stock-price redemption trigger.

How many WRLG.WT.C warrants are outstanding?

23.63M listed warrants, equal to 5.7% dilution if all are exercised.

Related warrants

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