|
|
| Authorized Share Capital: |
Unlimited number of common shares without par value |
Issued and Outstanding as at
October 31,2008: |
164,092,725 shares |
OUTSTANDING OPTIONS
| No. of Optioned Shares |
Expiry Date |
Exercise Price(Cdn) |
| 500,000 |
March 12, 2009 |
$1.00 |
| 805,000 |
May 14, 2009 |
$1.30 |
| 200,000 |
October 9, 2009 |
$ 1.12 |
| 100,000 |
July 17, 2010 |
$ 1.34 |
| 100,000 |
December 16, 2010 |
$1.05 |
| 2,132,500 |
May 1, 2010 |
$1.06 |
| 75,000 |
May 26, 2010 |
$1.25 |
| 3,912,500 |
|
|
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 |
164,092,725 |
shares |
| Total Options Exercised |
3,912,500 |
shares |
| |
| Fully Diluted Share Position |
168,005,225 |
shares |
|
