NG Energy International Corp. (GASX.WT.A) Warrant

TSXCompany warrantstrike C$1.401 share per warrantexpires 2027-05-20updated 2026-10-04

Each GASX.WT.A warrant gives the holder the right to buy 1 share of NG Energy International Corp. at C$1.40 per share, until May 20, 2027. The stock last closed at C$1.15, below the strike, so the warrant is out of the money. NG Energy International Corp. has a market value of about C$340.79M. There are 6.86M listed warrants; exercising all of them would add 2.3% to the 296.33M shares outstanding.

Warrant price
C$0.2100
last close
GASX share price
C$1.15
82% of strike
Market cap
C$340.79M
296.33M shares
Time left
228 days
expires 2027-05-20
Dilution if exercised
2.3%
6.86M warrants

GASX vs strike, last 12 months

No share-price history for GASX yet.

Key terms

Strike per share
C$1.40
Shares per warrant
1
Cash to exercise one warrant
C$1.40
Expiry
2027-05-20
Redemption trigger
none stated
Cashless exercise
—
Acceleration clause
yes
Break-even stock price
C$1.61

From the issuer's filing.

Company and stock

Company
NG Energy International Corp.
Underlying stock
GASX
Share price
C$1.15
Market cap
C$340.79M
Shares outstanding
296.33M
Value of all listed warrants
C$1.44M (0.4% of market cap)

Market cap is the last share price times shares outstanding (as of 2026-10-03).

Model value vs price Pro

Model value
Last price
C$0.2100
Price / model

Get Pro to see whether GASX.WT.A is cheap or rich against our model.

Dilution

Shares outstanding
296.33M
Listed warrants
6.86M
Dilution if all exercised
2.3%

Warrant count from TMX listing data (listed warrants).

Filings and events

Questions about GASX.WT.A

When does the GASX.WT.A warrant expire?

GASX.WT.A expires on May 20, 2027.

What is the strike price of GASX.WT.A?

C$1.40 per share; each warrant converts into 1 share, so exercising one warrant costs C$1.40.

Can NG Energy International Corp. redeem the GASX.WT.A warrants early?

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

How many GASX.WT.A warrants are outstanding?

6.86M listed warrants, equal to 2.3% dilution if all are exercised.

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