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exercise
(redirected from exercisable)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.07 sec.
Exercise
An action by a stockholder taking advantage of a privilege offered by a company or other financial institution. This includes warrants, options, and other exotic financial instruments.

Notes:
When you exercise your stock option, you "trade in" your options for the actual stock.


Exercise
To implement the right of the holder of an option to buy (in the case of a call) or sell (in the case of a put) the underlying security.

exercise
To require the delivery (for example, a call option) or to force the purchase (for example, a put option) of the option's underlying asset. Many options expire without being exercised because the strike price stated in the option is unfavorable to the holder.

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Each Agents' Option issued in connection with the flow-through units is exercisable for one year from closing and entitles the holder to purchase one unit of the Issuer at a price of $0.
Each whole common share purchase warrant is exercisable for one Columbia common share at $0.
Pursuant to the amendment to the Warrants, the holder will be entitled on the Exercisable Date (as defined below) to purchase an aggregate of 12,250,000 common shares in the capital of the Corporation at a purchase price of US$4.
 
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