| SHARE CAPITAL | |||
| December 9, 2010 | |||
| SHARES | |||
| Authorized Share Capital: | Unlimited common shares | ||
| Unlimited Class "A" non-voting convertible redeemable shares | |||
| Issued and Outstanding |
32,769,306
|
||
| STOCK OPTIONS AVAILABLE | |||
|
Number of Shares
|
Exercise Price
|
Expiry Date
|
|
|
290,000
|
$0.10
|
June 10, 2014
|
|
|
1,775,000
|
$0.36
|
June 11, 2015
|
|
|
25,000
|
$0.45
|
September 27, 2015
|
|
|
2,090,000
|
|||
| WARRANTS | |||
|
1,000,000
|
$0.25
|
December 18, 2010
|
|
|
if not then
|
$0.30
|
December 18, 2011
|
|
|
212,500
|
$0.25
|
January 7, 2011
|
|
|
if not then
|
$0.30
|
January 7, 2012
|
|
|
702,000
|
$0.20
|
February 18, 2011
|
|
|
if not then
|
$0.25
|
February 18, 2012
|
|
|
2,892,501
|
$0.50
|
December 4, 2011
|
|
|
992,595
|
$0.50
|
December 7, 2011
|
|
|
6,032,250
|
$0.45
|
December 9, 2012
|
|
|
11,831,846
|
|||
| AGENT'S OPTIONS | |||
|
369,250
|
$0.35
|
December 4, 2011
|
|
|
33,333
|
$0.35
|
December 7, 2011
|
|
|
402,583
|
|||
| AGENT'S WARRANTS | |||
|
10,010
|
$0.20
|
February 18, 2011
|
|
|
if not then
|
$0.25
|
February 18, 2012
|
|
|
71,429
|
$0.50
|
December 4, 2011
|
|
|
23,240
|
$0.35
|
December 7, 2011
|
|
|
19,460
|
$0.50
|
December 7, 2011
|
|
|
811,480
|
$0.45
|
December 9, 2012
|
|
|
935,619
|
|||
| FULLY DILUTED | |||
| Assuming all the outstanding options and warrants are exercised, the fully diluted share position is: | |||
|
SHARES
|
|||
| Common Shares Issued |
32,769,306
|
||
| Options Exercised |
2,090,000
|
||
| Warrants Exercised |
11,831,846
|
||
| Agent Unit Shares Exercised |
402,583
|
||
| Agent Warrants Exercised |
935,619
|
||
| Fully Diluted Share Position |
48,029,354
|
||
