This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

CPA Canada Viewpoints: Accounting for share purchase warrants (Mining)

Published on: Feb 28, 2014

A common feature of financing transactions entered into by mining entities, in particular exploration stage companies, is the issuance of units which comprise share capital and share purchase warrants (warrants).

To understand how a mining company (the issuer) should account for share purchase warrants issued, both at the time of issuance and subsequently, read Viewpoints: Applying IFRSs in the Mining Industry — Accounting for Share Purchase Warrants Issued.

What you will learn

Developed jointly by Chartered Professional Accountants of Canada (CPA Canada) and the Prospectors and Developers Association of Canada, this paper features relevant information, illustrative examples and practical views to help you better understand the relevant considerations when accounting for warrants issued. It addresses the following topics:

  • warrants for services provided
  • warrants without services provided
  • measurement of warrants
  • modification of warrants
  • exercise of warrants
  • expiry of warrants

Download

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.