 |
| | Share Structure
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Untitled 2
| SHARE CAPITAL |
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| December 31st, 2010 |
| SHARES |
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| Authorized Share Capital: |
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Unlimited common shares |
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Unlimited Class "A" non-voting convertible |
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redeemable
shares |
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| Issued and Outstanding |
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143,651,447 |
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| STOCK OPTIONS AVAILABLE |
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Number |
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Exercise |
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Expiry |
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of Shares |
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Price |
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Date |
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45,000 |
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$0.23 |
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September 6,2011 |
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1,050,000 |
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$0.20 |
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December 11,2011 |
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300,000 |
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$0.10 |
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November 1,2012 |
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1,720,000 |
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$0.25 |
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January 18,2013 |
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75,000 |
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$0.10 |
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April 9,2013 |
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1,000,000 |
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$0.10 |
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September 2, 2013 |
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430,000 |
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$0.10 |
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March 19,2014 |
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1,450,000 |
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$0.10 |
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May 20,2014 |
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400,000 |
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$0.25 |
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September 10,2014 |
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2,500,000 |
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$0.30 |
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January 5, 2015 |
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400,000 |
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$0.25 |
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January 7, 2015 |
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9,370,000 |
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| WARRANTS |
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Number |
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Exercise |
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Expiry |
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of Shares |
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Price |
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Date |
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200,000 |
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$0.25 |
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February 14,2011 |
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5,000,000
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$0.40 |
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December 17,2011 |
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3,000,000 |
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$0.20 |
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October 28, 2011 |
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If not then |
$0.25 |
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Oct 28, 2012 |
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If not then |
$0.30 |
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Oct 28, 2013 |
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8,200,000 |
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| FULLY DILUTED |
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| Assuming all the outstanding
options and warrants are exercised, the fully diluted share position is: |
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SHARES |
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Common Shares Issued |
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Options Exercised |
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Warrants Exercised |
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Fully Diluted Share Position |
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