| |
| Authorized Share Capital: |
Unlimited number of common shares without par value |
| Issued and Outstanding: |
57,977,786 shares |
OUTSTANDING OPTIONS
| No. of Optioned Shares |
Expiry Date |
Exercise Price(Cdn) |
| 155,000 |
1/4/2010 |
$1.25 |
| 699,000 |
5/1/2010
|
$2.25 |
| 50,000 |
6/17/2010 |
$2.25 |
| 125,000 |
7/15/2010 |
$2.25 |
| 265,000 |
8/16/2010 |
$1.70 |
| 1,293,000 |
4/9/2011 |
$1.19 |
| 2,587,000 |
|
|
OUTSTANDING WARRANTS
| No. of Warranted Shares |
Expiry Date |
Exercise Price(Cdn) |
| NIL |
|
|
| |
|
|
| |
|
|
SUMMARY
Assuming all of the outstanding options and warrants are exercised, the fully diluted share position of the Company is as follows:
| Total Shares |
57,977,786 |
shares |
| Total Optioned Shares |
2,587,000 |
shares |
| Total Warranted Shares |
NIL |
shares |
| |
| Fully Diluted Share Position |
60,564,786 |
shares |
|
