
|
 |

| Authorized Share Capital: |
Unlimited number of common shares without par value |
Issued and Outstanding as at
June 30, 2010: |
166,142,724 shares |
OUTSTANDING OPTIONS
| No. of Optioned Shares |
Expiry Date |
Exercise Price(Cdn) |
| 2,358,334 |
February 6 , 2012 |
$0.32 |
| 1,000,000 |
December 1, 2012 |
$0.55 |
| 475,000 |
December 23, 2012 |
$0.50 |
| 315,000 |
March 23, 2013 |
$0.46 |
| 4,148,334 |
|
|
SUMMARY
Assuming all of the outstanding options and warrants are exercised, the fully diluted share position of the Company would be as follows:
| Total Shares |
166,142,724 |
shares |
| Total Options Exercised |
4,148,334 |
shares |
| |
| Fully Diluted Share Position |
170,291,058 |
shares |
|