Southern Energy Corp. (SOU.WT) Warrant
Each SOU.WT warrant gives the holder the right to buy 1 share of Southern Energy Corp. at C$0.09 per share, until April 8, 2028. The stock last closed at C$0.06, below the strike, so the warrant is out of the money. Southern Energy Corp. has a market value of about C$20.34M. There are 65.44M listed warrants; exercising all of them would add 19.3% to the 339.07M shares outstanding.
SOU vs strike, last 12 months
No share-price history for SOU yet.
Key terms
- Strike per share
- C$0.09
- Shares per warrant
- 1
- Cash to exercise one warrant
- C$0.0900
- Expiry
- 2028-04-08
- Redemption trigger
- none stated
- Cashless exercise
- —
- Acceleration clause
- none
- Break-even stock price
- C$0.11
From the issuer's filing.
Company and stock
- Company
- Southern Energy Corp.
- Underlying stock
- SOU
- Share price
- C$0.06
- Market cap
- C$20.34M
- Shares outstanding
- 339.07M
- Value of all listed warrants
- C$1.31M (6.4% 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$0.0200
- Price / model
Get Pro to see whether SOU.WT is cheap or rich against our model.
Dilution
- Shares outstanding
- 339.07M
- Listed warrants
- 65.44M
- Dilution if all exercised
- 19.3%
Warrant count from TMX listing data (listed warrants).
Filings and events
Questions about SOU.WT
When does the SOU.WT warrant expire?
SOU.WT expires on April 8, 2028.
What is the strike price of SOU.WT?
C$0.09 per share; each warrant converts into 1 share, so exercising one warrant costs C$0.0900.
Can Southern Energy Corp. redeem the SOU.WT warrants early?
The source filing we read lists no stock-price redemption trigger.
How many SOU.WT warrants are outstanding?
65.44M listed warrants, equal to 19.3% dilution if all are exercised.