| | Share Capital
| Authorized Share Capital: |
Unlimited number of common shares without par value |
| Issued and Outstanding |
17,679,912 shares |
Outstanding Options
| No. of Optioned Shares |
Expiry Date |
Exercise Price(Cdn) |
| 345,000 |
Oct 15, 2009 |
$3.43 |
| 75,000 |
Feb 25, 2010 |
$5.84 |
| 50,000 |
July 1, 2010 |
$5.00 |
| 250,000 |
Oct 24, 2010 |
$5.26 |
| 420,000 |
June 23, 2011 |
$6.25 |
Summary
Assuming all of the outstanding options are exercised, the fully diluted share position of the Company would be as follows:
| Total Shares |
17,679,912 shares |
| Total Options Exercised |
1,140,000 shares |
| Fully Diluted Share Position |
18,819,912 shares |
|
