| |
| Authorized Share Capital: |
Unlimited number of common shares without par value |
| Issued and Outstanding |
96,079,617 shares |
Outstanding Options
| No. of Optioned Shares |
Expiry Date |
Exercise Price(Cdn) |
| 415,000 |
June 23, 2011 |
$6.25 |
| 1,070,000 |
Mar 31, 2011 |
$1.18 |
| 175,000 |
May 3, 2012 |
$1.62 |
| 140,000 |
Aug 18, 2012 |
$1.05 |
| 402,500 |
Sept. 14, 2012 |
$0.89 |
| 100,000 |
Sept. 28, 2012 |
$1.00 |
| 1,577,500 |
April 7, 2013 |
$1.13 |
| 115,000 |
Dec 17, 2015 |
$1.13 |
| Total 3,995,000 |
|
OUTSTANDING WARRANTS
| No. of Warranted Shares |
Expiry Date |
Exercise Price(Cdn) |
| 35,734,228 |
April 29, 2012 |
$1.50 |
| 1,686,790 |
April 29, 2012 |
$1.50 |
| 6,521,601 |
April 29, 2012 |
$1.50 |
| Total 43,942,619 |
|
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 |
96,079,617 shares |
| Total Options & Warrants Exercised |
47,937,619 shares |
| Fully Diluted Share Position |
144,017,236 shares |
|
